s. marine sergeant shamar thomas while defending demonstrators in times square. tonight. the lone man that stood up to dozens of new york cops comes from a family of honor my step father he was he went to ghana stand in two thousand and six see my mother were actually in iraq the same time sergeant thomas completed two tours in iraq before returning to his homeland where he now aligns unself with the activists he says are being targeted by aggressive authority in uniform have a scene and watch t.v. . take on a person one on one it's always a few of them you know three four five of them or one person these are you know protests as much as this is police will tell you hands down the twenty five year old war vet says it's come to a point where iraqi activists are treated with more respect and humility then there are american counterparts he recalls an incident when hundreds of iraqis got violent with us soldiers a few people started throwing rocks and everybody kind of started the rocks and

s. dollar quite a lot it was a one thirty couple of weeks ago and now it's already almost close to one forty which shows no confidence in the euro and i see the euro as such is a good currency the only problem we have is some countries in the euro zone are not really doing well but by far too high that spot i have the feeling each and everybody has understood that they have to change and they are on the way to change even italy is now changing and they're doing reforms which is necessary in order to have a smaller national debt and just very briefly greater economic governance over those countries do you think those era's own members those countries that have appeared to be profit in the past really want to lose their autonomy in the way that they control their public spending and the taxation do you not think there will be those who want to rebel against being controlled centrally just briefly now i see the only way in order to stabilize the euro in the euro zone as such is to to come t

s. marine sergeant shamar thomas while defending demonstrators in times square. tonight. the lone man that stood up to dozens of new york cops comes from a family of honor my step father he was he went to ghana stand in two thousand and six and my mother were actually in iraq the same time sergeant thomas completed two tours in iraq before returning to his homeland where he now aligns and self with the activists he says are being targeted by aggressive authority in uniform have a scene and watch t.v. . take on a person one on one it's always a few of them you know three four five and i'm a one person yes these aren't you know protests as this is police will tell you hands down the twenty five year old war vet says it's come to a point where iraqi activists are treated with more respect and humility then their american counterparts he recalls an incident when hundreds of iraqis violent with u.s. soldiers a few people started throwing rocks and everybody kind of started the rocks and we ac

s. marine sergeant shamar thomas while defending demonstrators in times square. tonight. the lone man that stood up to dozens of new york cops comes from a family of honor was their father he was he would have been a stand in the two thousand and sixteen my mother were actually in iraq the same time sergeant thomas completed two tours in iraq before returning to his homeland where he now aligns himself with the activists he says are being targeted by aggressive authority in uniform have a scene and watch he. take on a person one on one it's always a few of them you know three four five in one person these are you know protests as this is police will tell you hands down it's twenty five year old war vet says it's come to a point where iraqi activists are treated with more respect and humility then their american counterparts he recalls an incident when hundreds of iraqis that violent if u.s. soldiers a few people started throwing rocks and everybody kind of started on the rocks and we act

s. led forces of the point secret uranium in hans and weapons systems during the infamous battle. fandom business r t china is the threat to its seventy five million dollar oil build a liberal fraud russia over the next two weeks more and around twenty. international news and comment live from moscow this is r.t. with twenty four hours a day after five days of being on public display inside of new market fridge the slain former libyan leader moammar gadhafi has been buried his body was taken to a secret location in the desert to prevent his grave becoming a shrine for sympathizers all being vandalized bodies and he said now he is in tripoli keeping across developments. well he's actually finally buried out dong this tuesday in secret four witnesses swearing on the koran that they will never reveal the site obviously the entrance to your freight that he could become some kind of a shrine to whip the late leader but also i think it's fair to say we'll hear this from analysis throughout the

s. based think tank foreign policy in focus good to have you with us here now libya's interim government has asked nato to stay at least one more month in the country just two days after it declared liberation nato says it's going to leave at the end of the month why do you think we see once nato to carry on with its presence for another month. i'm not sure that they really think that situation is entirely stable. air is stable in libya at this point i think one of the surprises in fact that nato commanders were were very explicit about it they expected when nato when the end very quickly the khadafi forces would basically run for the desert roll up and and and nurse surrender well they did it went on for at least thirty five weeks and i think that that was a shock and i think it also became clear that it wasn't just the fact that they were up against a dictator and that there is a division in the country it's really partly a civil war partly it's between west and east partly it's betwee

s. led forces a point secret uranium and polished weapon systems during the infamous iraqi battle it's alleged the consequences of radiation are still being felt. international news in comment live from moscow this is r.t. within twenty four hours a day after five days of being on public display inside a meat market fridge the slain former libyan leader moammar gadhafi has been buried his body was taken to a secret location in the desert to prevent his grave becoming a shrine for sympathizers or being finalized. is in tripoli keeping across developments and this is her report. the cars of liberation are loud and clear. it looks like a state of euphoria here and everybody is happy and you know. even though that there is no formal you know long order but are they ignoring the price paid for freedom in libya some thirty thousand civilians are said to have been killed with four thousand still missing this house was one of nato's misses a single family lost five people including children but

s. marine sergeant shamar thomas while defending demonstrators in times square. the lone man that stood up to dozens of new york cops comes from a family of honor my step father he was he went to ghana stand in two thousand and six see my mother works in iraq the same time sergeant thomas completed two tours in iraq before returning to his homeland where he now aligns himself with the activists he said. as are being targeted by aggressive authority in uniform i haven't seen it and while pv. take on a person one on one it's always a few of them you know three four five of them on one person there yes these are you know protests as this is hands down the twenty five year old war vet says it's come to a point where iraqi activists are treated with more respect and humility then their american counterparts he recalls an incident when hundreds of iraqis got violent with us soldiers a few people started throwing rocks and everybody kind of started on rocks and we actually had a marine get hit

moody's and fitch ratings still score the u-s government bonds triple-a -but moody's has a negative outlook and has also warned a riskkof a downgrade if "further fiscal consolidaaion measures are not adopted in 2013."but the way the ccmmittee was set up by congress there is sommthing called sequesttation - a trigger if the supercommittee deadlocks r thh president vetoes their proposal..what happens thennis, in the first spending and in non-exempt - domestic spending. on the ddmestic side: things like social security, medicaid are aren't."things like medicare, - homeland security spending, n addition to defense cuts -- that would take effect in 2013. the merrill report predicts a lot of uncertainty for investors and the markets ahead on the day the s&p downgraded the us credit rating, the stock market dropped 7 percent. most of the work of the superr ccmmittee has been behind closed doors.there is a public hearing scheduled for thhi wednesday.but they only have about five weeks to go.then congress haa until deccmber 23rd to vote on whatever proposalssthey come up with. coming up in our 6 o'c

fitch and s. and p. so let me ask you something we see over and over again across the u.s. you in europe governments use their authority and power to transfer state funds to cronies for example in the within the military industrial complex now what would stop a state bank or public bank from doing the same well we only have one probably thinks that we can use that for the bottle that banker night to try to and they they operate very honestly and the reason is first of all they have no motive to they're not getting bonuses these commissions they're just understand and their mandate is to serve the public so they have no motive to. do exploited two things that politicians don't have control over the bank in that sense that's in my melas there is no occupy north dakota campaign at the time is that your understanding the north koreans are quite happy with that i mean the bankers in north dakota are quite happy with the bank or north dakota because it serves as the central bank for the state they make

fitch and s. and p. so let me ask you something we see over and over again across the us you in europe governments use their authority and power to transfer our state funds to cronies for example in within the military industrial complex now what would stop a state bank or public bank from doing the same well we only have one public bank so we can use that for the bridal baker night and day they operate very honestly and the reason is first of all they have no motive to if they're not getting bonuses fees commissions they're just under starry and their mandate is to serve the public so they have no motive to. to exclude it to think so politicians don't have control over their bank in that sense and that's where my knowledge there is no occupy north dakota campaign at the time is that your understanding the currents are quite happy with it i mean the baker south in north dakota right happy with the danger not photo because it serves as the central bank for the state they make cheap liquidity availa

fitch and s. and p. so let me ask you something we see over and over again across the us you in europe governments use their authority power to transfer state funds to cronies for example in the within the military industrial complex now what would stop a state bank or public bank from doing the same well we only have one probably thinks that we can use that for the bridle that baker north dakota and they they operate very honestly and the reason is first of all they have no motive to they're not getting bonuses these commissions they're just understand and their mandate is to serve the public so they have no motive to. do exploited to thinks that politicians don't have control over the bank in that sense that's in my melas there is no occupy north dakota campaign at this time is that your understanding that north dakotans are quite happy with that i mean the bankers in north dakota are quite happy with the bank or north dakota because it serves as the central bank for the state they make cheap li

fitch and s. and p. so let me ask you something we see over and over again across the us you say in europe governments use their authority and power to transfer our state funds to cronies for example with and within the military industrial complex now what would stop a state bank or public back from doing the same well we only have one probably thinks that we can use that for the gravel that's baker night and day they operate very honestly and the reason is first of all they have no motive to they're not getting bonuses these commissions are just on the salary and their mandate is to serve the public so they have no motive to. do exploited things the politicians don't have control over in that sense and that's in my melas there is no occupied north dakota campaign at this time is that your understanding that night the parents are quite happy with it i mean the bankers in south dakota are quite happy with the banker knight rider because it serves as the central bank for the state they meet cheaply

fitch and s. and p. so let me ask you something we see over and over again across the u.s. you play in europe governments use their authority power to transfer our state funds to cronies for example and within the military industrial complex now what would stop a state bank or public bank from doing the same well we only have one public thinks that we can use that for the bridle baker night to try to and they they operate very honestly and the reason is first of all they have no motive to it they're not getting bonuses giese commissions they're just going to salary and their mandate is to serve the public so they have no motive to. to be exploited to things the politicians don't have control of the bank in that sense and that's in my knowledge there is no occupy north dakota campaign at the time is that your understanding that north koreans are quite happy with that i mean the bankers themselves in north dakota are quite happy with the danger not spread it because it serves as the central bank for

fitch and s. and p. so let me ask you something we see over and over again across the us you in europe governments use their authority and power to transfer state funds to cronies for example in within the military industrial complex now what would stop a state bank or public bank from doing the same well we only have one probably thinks that we can use that for the bridle that's banker night to try to and they they operate very honestly and the reason is first of all they have no motive to they're not getting bonuses fees commissions they're just on a salary and their mandate is to serve the public so they have no motive to. do exploited to thinks of politicians don't have control over the bank in that sense that's are my melas there is no occupy north dakota campaign at this time is that your understanding north dakotans are quite happy with that i mean the bankers in north dakota are quite happy with the bank or north dakota because it serves as the central bank for the state they make cheap li

fitch and s. and pay so let me ask you something we see over and over again across the us you in europe governments use their authority and power to transfer state funds to cronies for example and within the military industrial complex now what would stop a state bank or public bank from doing the same well we only have one probably thinks that we can use that for the problem that's banker night to try to and they they operate very honestly and the reason is first of all. they have no motive to they're not getting bonuses these commissions they're just on a salary and their mandate is to serve the public so they have no motive to. do exploited to things that politicians don't have control over the bank in that sense not to my knowledge there is no occupy north dakota campaign at the time is that your understanding that north dakotans are quite happy with that i mean the bankers in north dakota are quite happy with the bank or north dakota because it serves as the central bank for the state they th

fitch and s. and p. so let me ask you something we see over and over again across the u.s. you in europe governments use their authority and power to transfer our state funds to cronies for example and within the military industrial complex now what would start a state bank or public back from doing the same well we only have one public bank so we can use that for the bridle that's being from north dakota and they they are very honestly and the reason is first of all they have no motive to it they're not getting bonuses these commissions are just under starry and their mandate is to serve the public so they have no motive to. to be exploited to think said politicians don't have control over the bank in that sense and that's where my knowledge there is no occupy north dakota campaign at the time is that your understanding the north koreans are quite happy with it i mean the baker. crowd are right happy with the danger because it serves as the central bank for the state they make cheap liquidity ava

fitch and s. and p. so let me ask you something we see over and over again across the u.s. you say in europe governments use their authority and power to transfer our state funds to cronies for example in within the military industrial complex now what would start a state bank or public bank and doing the same well we only have one public bank so we can use that for the bottle that night to try to and they they operate very honestly and the reason is first of all they have no motive to it they're not getting bonuses fees commissions they're just on the salary and their mandate is to serve the public so they have no motive to. to exploit it to things that politicians don't have control over the bank in that sense not to my knowledge there is no occupy north dakota campaign at the time is that your understanding of north dakotans are quite happy i mean the bankers in south dakota are quite happy with the danger not go to because it serves the central bank for the state they meet cheap liquidity avai

fitch and s. and p. so let me ask you something we see over and over again across the us you in europe governments use their authority power to transfer state funds to cronies for example and within the military industrial complex now what would stop a state bank or public bank from doing the same well we only have one probably thinks that we can use that for the bridle that's baker north dakota and they they operate very honestly and the reason is first of all they have no motive to they're not getting bonuses these commissions they're just understaffed larry and their mandate is to serve the public so they have no motive to. do exploited two things that politicians don't have control over the bank in that sense that's in my melas there is no occupy north dakota campaign at this time is that your understanding north dakotans are quite happy with that i mean the bankers in north dakota are quite happy with the bank or north dakota because it serves as the central bank for the state they make cheap

fitch and s. and p. so let me ask you something we see over and over again across the us you in europe governments use their authority and power to transfer state funds to cronies for example in within the military industrial complex now what would stop a state bank or public bank from doing the same well we only have one probably thinks that we can use that for the bottle that's banker night to try to and they they operate very honestly and the reason is first of all they have no motive to they're not getting bonuses these commissions they're just understaffed larry and their mandate is to serve the public so they have no motive to. do exploited to thinks that politicians don't have control over the bank in that sense and that's in my melas there is no occupy north dakota campaign at this time is that your understanding that north koreans are quite happy with that i mean the bankers in north dakota are quite happy with the banker next friday because it serves as the central bank for the state the

fitch and s. and p. so let me ask you something we see over and over again across the us you in europe governments use their authority and power to transfer state funds to cronies for example in within the military industrial complex now what would stop a state bank or public bank from doing the same well we only have one probably thinks that we can use that for the bridle that's banker night to try to and they they operate very honestly and the reason is first of all they have no motive to they're not getting bonuses these commissions they're just going to stop and their mandate is to serve the public so they have no motive to. do exploited to things that politicians don't have control over the bank in that sense that's in my melas there is no occupy north dakota campaign at the time is that your understanding that north dakotans are quite happy with it i mean the bankers in north dakota are quite happy with the bank or north dakota because it serves as the central bank for the state they make ch

thanks again to pay for the fraud at moody's fitch and s. and p. so let me ask you something we see over and over again across the us you in europe governments use their authority and power to transfer state funds to cronies for example in within the military industrial complex now what would stop a state bank or public bank from doing the same well we only have one probably thinks that we can use that for the bridle that's a bank or north dakota and they they operate very honestly and the reason is first of all they have no motive to they're not getting bonuses these commissions they're just understand and their mandate is to serve the public so they have no motive to . do exploited to thinks that politicians don't have control over the bank in that sense and that's in my melas there is no occupy north dakota campaign at this time is that your understanding the north koreans are quite happy with that i mean the bankers in north dakota are quite happy with the banker northstar because it serves as the central bank for the state they make cheap liqu

fitch and s. and p. so let me ask you something we see over and over again across the u.s. you say in europe governments use their authority power to transfer our state funds to cronies for example and within the military industrial complex now what would stop a state bank or public bank from doing the same well we only have one public bank so we can use that for the gravel bank or night to try to and they they operate very honestly and the reason is first of all they have no motive to it they're not getting bonuses fees commissions they're just going to salary and their mandate is to serve the public so they have no motive to. to exploit it to things the politicians don't have control over the bank in that sense and that's in my melas there is no occupy north dakota campaign at this time is that your understanding of north dakotans are quite happy with that i mean the bankers at the crowd are quite happy with the banker next credit because it serves as the central bank for this day they make chea

but s&p and moody's has already said that they may not move on another downgrade within the next 18 months or two years, so they are taking a witness and see. they still want to see a credible plan. bank of america, merrill lynch warning that the ratings agency could move even more quickly than what they are telling the american people. jenna: maybe the bigger story is about confidence. because of course when you see that downgrade that can definitely affect confidence in the consumer which is already affected a lot already. liz always nice to have you. >> reporter: sure. jon: how to jump start the sputtering economy very much on the mind of press with his jobs plan blocked in the senate the president is going on the road to kickoff a series of initiatives that do not require congressional approval. first stop las vegas a city hit very hard by the housing crisis. fox news chief correspondented henry is in vegas live for us right now. the president,ed, is expected to make this big housing announcement today. what is this new plan about? >> reporter: that's right. they will have a new messag

s&p has downgraded 24 italian banks. we've also seen moody's cut the spanish debt rating by two notches down from "a" to "a" 1. the question is how it all this affecting the markets? cautious optimism across the board. cac 40 and the dax, again, the ones that are the most pronounced on the up side, largely thanks to optimism that the leaders of france and also germany can come together to try and hammer out some kind of agreement to ring fence the greek problem and prevent contagion from spreading elsewhere. andrew. >>> that "guardian" report reverberating around the global financial markets, nina, it's interesting that the u.s. markets got a big pop right towards the end of trading basically on the back of those reports from london. and that, in turn, rolled on to asian markets. stock markets ending moderately higher across asia. i'll bring you the numbers in just a moment. it was a lot of financials getting quite a decent boost. before we go to the broad numbers, i want to talk about one specific number, and that is ol

s who want out of the u.k. . and in business news moody's ratings agency has cut the outlook for russia's banking system from stable to negative more that's twenty two minutes on. it is i just after five pm on monday here in moscow this is with me real research showing libya's new leaders have ordered a probe into the death of former leader moammar gadhafi it's following mounting international calls for an investigation this has libyans erupted in celebration after the announcement that the country had been completely liberated but there are plenty of questions over the cost of what they now call freedom and he said now it costs. but certainly people celebrating across the country as the official so-called liberation was announced on sunday celebrations very widely here in the capital tripoli and very few people mainly when you go i'm asked them what they want now from the end to see and whoever comes in right now the organization promising elections within a nonstop analysis say that of course is not just for su

some well-known names were also downgraded by moody's. it thinks because of policy changes, these institutions are less likely to be bailed out by westminster. the government is pressing ahead with a reform plan which will require major banks to keep high street operations separate from riskier investment banking activities. the idea is to keep depositors' cash secure if there are any big prorks in the future. -- problems in the future. and reduce the likelihood of more fundouts funded by taxpayers. moody's said it thought the government would provide some support for bigger banks but it was more likely now to allow smaller institutions to fail. the downgrades do not reflect a deterioration in the financial strength of the banking system. the chancellor made it clear he was not unhappy with moody's verdict. >> the credit rating agencies and others will say, well, actually, these banks have got to show that they can pay their way in the world. >> analysts said there was no question that the depositors' money was safe. but warned that today

s government's future support the move is likely to drive out borrowing costs to make it more difficult for businesses to get loans are leaving going to take on a mess is told r.t. the downgrade is a reality check you can't get wrong at all. we already have inflation of around about five percent in the united kingdom which compared to recently is how are you putting more money into the economy risk actually increasing that inflation especially the bank of england's central key task to actually keep inflation under control to a half percent or less my concern is that still easing throwing another seventy following billion pounds into the economy is actually a distraction from what the u.k. government needs when you know you very aggressive and radical approach scratch is one that i think where you lack of the moment what we got together while you from illinois your kingdom and actually brought across the western world more generally is this every single bank is copper bottomed because if they get into trouble what transpired will cry all them out and one of the key things that the u.k. g

s government's future support the move is likely to drive up borrowing costs and make it more difficult for businesses to get loans but a leading british economy has told r.t. the downgrade is a reality check that the u.k. did wrong. we already have inflation of around about five percent in the united kingdom which compared to recent years this is hardly putting more money into the economy risks actually increasing that inflation especially the bank of england's central carry tossed to actually keep inflation under control two and a half percent or less my concern is that quantitative easing throwing another seventy five billion pounds into the economy is actually a distraction from the u.k. government needs which is a very aggressive and radical growth strategies one that i think they lack of the moment what we've got to get away from in the united kingdom and actually right across the western world more generally is this every single bank is copper bottomed because if they get into trouble the tracks pile won't buy all the amount and one of the key things that the u.k. government is s

s&p already downgraded us, moody's put us on a negative outlook. >> isn't that threat empty because after being downgraded the first time the cost of borrowing in the united states went lower, cost of united states borrowing money is still lower, when you look around the rest of the world it's still a safer bet than europe. >> that may continue for a while. one thing you don't want is add more instability to the market. one thing the market may have done is contribute to the volatility in the market, which nobody likes. so it's one more thing that we don't actually need. it may not stop the world if they do downgrade us but it's a negative factor. >> norm, in roll call in september you wrote the failure to act in the strong bold way you're talking about right now could actually risk a depression. we've already got some people thinking woodall rodgers in double dip or headed for a second part, you think the failure to act could be substantially more serious than the status quo. >> i'm really worried about europe. i think it goes well beyond greece. my colleague desmond lock machms been spo

as we know, s&p already downgraded us, moody's put us on a negative outlook. >> isn't that threat empty given that after being downgraded the first time, the cost of borrowing in the united states went lower, cost of united states borrowing money is still lower, when you look around the rest of the world it's still a safer bet than europe. >> that's right. and that may continue for a while. one thing you don't want is add more instability to the market. one of the things the downgrade this summer may have done is contribute to the volatility in the market, which nobody likes. so it's one more thing that we don't actually need. it may not stop the world if they do downgrade us but it's a negative factor. >> norm, in roll call in september you wrote the failure to act in the strong bold way you're talking about right now could actually risk a depression. we've already got some people thinking we're in a double dip or heading for a second part, you think the failure to act could be substantially more serious than the status quo. >> i'm really worried about europe. i think it goes well beyo

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s from italy and spain and put portugal on watch for downgrade. the dow fell 20 points, the nasdaq lost 27 and the s&p 500 was down 9.5. trading volume ended the week lighter with 1.3 million shares moving on the big board and 2.1 on the nasdaq. but for the week, the dow traded higher in three sessions for an overall net gain of almost 2%. the nasdaq also gaining ground on the week up over 2.5%. and the s&p 500 echoing that weekly performance up over 2%. >> susie: for the third straight year, the federal government's annual deficit was more than $1 trillion dollars. the congressional budget office says fiscal year 2011 ended with an estimated deficit of $1.3 trillion. that's more than 8.5% of the overall u.s. economy. the deficit is the annual gap >> tom: still ahead, we meet one of those americans finding work recently under the golden arches. and our market monitor still thinks gold is a shining investment. he's mark leibovit of the vrgoldletter.com. >> well, come, not too many shining investments on wall street today, it was a pretty choppy day

s who want to out of the e.u. . and in business news moody's ratings agency has cut the outlook for russia's banking system from stable to negative more about some twenty two minutes time. it is or just after five pm on monday here in moscow this is with me rule receipt.

s if they get in trouble again days later fairchild other of the big three rating firms gave the thumbs down to italy and took spain score down two notches british economist mark littlewood says it's a wake up call for the spoiled banks what we've got to get away from in the united kingdom and actually right across the western world more generally is this every single bank is copper bottomed because if they get into trouble the taxpayer will close all that matters and one of the key things that the u.k. government is struggling with is how do we allow what i took over the wall were to fail without actually for scoring the wider economy and i think that the downgrades of actually reflect the fact that we are beginning to move away from what was a hopeless and helpless situation which basically every bank you know you crashed in the time when the government would come to their right so it's a grim warning put in the same way as you would wish to have an honest toil notice from your doctor about your state of health i think it is a welcome warning. to get a grip on the world's financial pr

today we've had a moody's downgrade three notches for italy that the markets are having to come to. having said that, we're still positive in the trading session here. and of course the iphone 4, or was it a 5, some disappoint in the market about that. apple shares down as much as 5% through the trade late on in the u.s. so we'll be watching the techs closely, as well. >> all right, geoff, thanks so much. people come to expect so much, some people saying i thought we were getting a new phone. i guess it looks a lot like the last one. skr jeff kut m geoff, thanks so much. >>> amanda knox conviction overturned. in her first press conference since the ruling. and emotional knox thanked her supporters. >> i'm really overwhelmed right now. i was looking down from the airplane and it seemed like everything wasn't real. what's important for me to say is just thank you to everyone who has believed in me, who has defended me, who has supported my family. i just want my -- my family is the most important thing to me right now and i just want to go and be with them. so thank you for being ther

s >> first of all, i would say as to the moody's economists thatld the president speaks to, they and their chief economist was he one that predicted that the stimulus program would keep unemployment from rising above 8%, so i think we need to raise some questions about that assessment. >> inse fairness, first of all,a was an economic advisor to john mccain in 2008, and the fact is a lot of the private economic firms say whether it's 1 or 2% growth that it would have some stim laive effect. here's a simple question. do you have independent scoring of what your plan will do? >> we put forward a plan in the beginning of the year, our budget, okay, and we had independent congressional budget office scoring which did severae things. it talked about the fact that our plan actually dealt with the one crisis, bringing down the debt deficit over $6 trillion, and it did talk about thee ability for our plan to grow new jobs, yes.s, so we've got that kind of analysis. >> but you don't on this jobsis plan. >> but what this jobs plan iss taking pieces of our overall o vision for this country and c

the bank of england chief said the country's economy to disclose point since the one hundred thirty s. if not ever british euro m.p. godfrey bloom says the chancellor of the exchequer is policy of printing more cash will lead to disaster he's inventing money electronically out of absolutely nowhere it's called quantitative easing but actually it's counterfeiting money it's doomed to failure it always fails it's failed in the pos it's never been successful if it was successful why doesn't he give money printing machines to every family in the united kingdom that they could put in their attic and print money whenever they want to go and buy something it props up the banks for a little bit longer but it doesn't do much else ordinary people don't get it and what it actually has the terrible effect of it degrades the currency currency pound notes or any of a medium of exchange you know flooding the market with them isn't going to actually help the economy atoll and of course it depresses truly interest rates which means old people pensions people on fixed income old suffer from this quantit

comes off the bank of england chief said the country's economy is at its lowest point since the 1930's have not had good pretty sure godfrey bloom's spoke to a c says the chance of the exchequer is policy of printing more cash will end in disaster. he's inventing money electronically out of absolutely nowhere it's called quantity of easing but actually it's counterfeiting money it's tombs of failure it always fails it's failed in the past it's never been successful if it was successful why doesn't he give money printing machines to every family in the united kingdom that they could put in their attic and print money whatever they want to go and buy something props out the banks for a little bit longer but it doesn't do much else ordinary people don't get it and what it actually has the terrible effect of it degrades the currency currency pound notes really is a medium of exchange you know flooding the market with isn't going to actually help the economy of trouble and of course it depresses our naturally interest rates which means old people pensions people on fixed income all suffer f

across the atlantic finances been dealt another blow ratings moody's has downgraded twelve of britain's financial firms and banks it comes off the bank of england chief said the country's economy to its lowest point since the one nine hundred thirty s. did not ever. do five billion pounds into the economy isn't doing any good to the country. we already have inflation of around about five percent in the united kingdom which compared to recent years this is hardly putting more money into the economy risks actually increasing that inflation is supposed to be the bank of england's central key task to actually keep inflation under control two and a half percent or less my concern is that quantitative easing throwing another seventy five billion pounds into the economy is actually a distraction from what the u.k. government needs which is a very aggressive and radical growth strategy one that i think they lack at the moment what we've got to get away from in the united kingdom and actually right across the western world more generally is this all we do that every single bank is copper bottome

bank of england chief said because his economies are just lowest point since the one hundred thirty s. if not ever. bloom says the chancellor of the exchequer policy of printing more cash will lead to disaster. he's inventing money electronically out of absolutely nowhere it's called quantity of easing but actually it's counterfeiting money it's tombs of failure it always fails it's failed in the past it's never been successful if it was successful why doesn't he give money printing machines to every family in the united kingdom that they could put in their acting and print probably whatever they want to go and buy something props up the banks for a little bit longer but it doesn't do much else ordinary people don't get it and what it actually has the terrible effect of it degrades the currency currency it's really a medium of exchange you know flooding the market with the business they do actually help the economy a troll and of course the press is truly interest rates which means old people pensions people on fixed income all suffer from this quantitative easing and of course further

has become the latest nation to feel the pinch of the global financial crisis ratings giant moody's has downgraded trial of britain's financial firms and banks and that comes after the bank of england's chief sent the country's economy is that its lowest point since the one nine hundred thirty s. if not ever british coffee bloom says the chancellor of the exchequer has a policy of printing more cask disaster. he's inventing money electronically out of absolutely nowhere it's called called sort of easy but actually it's counterfeiting money it's tombs of failure it always fails it's failed in the process never been successful if it was successful why doesn't he give money printing machines to every family in the united kingdom that they could put in their attic and print whatever they want to go and buy something props up the banks for a little bit longer but it doesn't do much else to have many people don't get it and what it actually has a terrible effect of it degrades the current c. currency pound notes ready of a medium of exchange you know flooding the market with them isn't going