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tv   [untitled]    November 4, 2010 12:30am-1:00am EDT

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just kind of letting her go whether you're a latino whether you know it doesn't matter what type of background you came from that sent a very loud message that i mean that she was going to throw you out whether you're a latino or whether you're poor so that i think will really change things here but before that happened she was definitely making headway in the latino community that's a little a little disheartening to hear that people actually you know can't see through or wouldn't see through those two sided approach is but but she didn't win and definitely coming out of the latino vote is going to have a lot of influence in the years to come from on thanks so much. still to come on tonight's show he's back president george w. bush is returning to the public eye as his new book is about to be released so tonight he's our tool time winner for a comment that he made about the lowest point in his presidency i'll give you a hint it's not he would guess and it looks like ben bernanke is trying to shore up the economy we're going to find out about the latest move by the fed to try and jumpstart the disturbingly slow u.s.
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economic growth are to lauren lake artie's corn financial correspondent excuse me lauren lyster will join us from new york in just a moment. the official. called touch from the. mission. broadcasting live from our studios. this is our team certainly good to have you
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with us let's take a look at our headlines now. the right approach would be true if you go to the true strategic partnership between nato and russia. closer cooperation with russia as the alliance is chief a visit to moscow at a meeting in the kremlin requested more help for its afghan mission while moscow says it needs clarity on european missile defense system. president obama could be facing a tough pushing through his reforms including his foreign policy agenda after the democrats lose their hold over congress in the midterm vote the future ratification of the strategic treaty with russia could now be hanging in the balance. of iraq more victims of the deadliest wave of sectarian violence in months amid concerns once it will soon these are being drawn back to the insurgency on tuesday
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at least ninety one people have been killed and over two hundred. with a total pullout scheduled for two thousand and eleven many iraqis fear the situation could become even more. back to washington two of the on the show stay with us as we look at whether the federal reserve's latest move to stimulate the u.s. economy is likely to do more harm than good that's coming up in about fifteen. well it's time for tonight's tool time award and we're giving it to former president george w. bush see he's got a new book coming out and ahead of the book release he decided to do an interview with n.b.c.'s matt lauer now the former president said that the all time low point
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of his presidency came from a comments made by rapper kanye west i'm sure you guys remember the comment on live t.v. take a look. destruction of the spirit of the people so the louisiana mississippi you know being the most tragic loss of all george bush doesn't care about black people . now kanye was speaking about bush's response to hurricane katrina in new orleans while appearing on a telephone to raise money for the victims so now two years after he left office bush says that that was the all time low point of his presidency really really that was the all time low point i mean for the rest of us who live during your time in office i think a few other low points come to mind how about you know i don't know nine eleven this single deadliest terrorist attack on u.s. soil which happened under your watch do you remember all those warnings signs of people in your administration ignored they had somehow that's not a low point or how about the two wars that you launched in response to nine eleven
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the war in afghanistan which you then took your eyes off of so you could start another war in iraq and today we are still paying for both of those wars with human lives and billions in wasted tax dollars and yet those are low points for you had of course there was the international scandal and the admission that the u.s. was torturing people and that your administration your closest advisers the you guys allowed it you think that that might have been a low point to and i'm not even done yet of course on the domestic front there was hurricane katrina when your administration let a major us city drown people died on the streets because they had no food thousands were left hungry frightened on your watch and that's not a low point just the part after when a rapper said the you don't care about black people i mean it seems like the farm president does not have his priorities quite straight is something said by a rapper is the lowest point in the entire eight years of his presidency and for
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that reason george w. bush is tonight's told time warner. now are you guys facebook addicts see if you even if you aren't there about five. a hundred million a users worldwide who are and who get the news on their friends every single day from the website according to gives moto the status updates can be very very revealing so revealing in fact that facebook can also help predict when you're likely to find yourself getting dumped that's right facebook is so good you can almost predict to the day when you're about to get that dreaded phone call saying sorry just not that into you anymore to the research team who figured this out this little information well they told gizmodo that they looked at about ten thousand facebook status updates they researched it for patterns related break ups and here's what they found you are very likely to get dumped on mondays you're also very likely to get timed right before spring break or two weeks before christmas
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and even at some point before the summer holidays when you stop think about it i mean it kind of makes sense right the break up two weeks before christmas is only logical because he wants to buy the other half a present if you're really not that into them then everybody wants to be single on spring break and during summer those are the fun times you hang out with friends you binge drink you you know hang out on the beach you meet new flings and i'm betting that those monday break ups i bet those happen after a weekend out with friends someone meets a new squeeze or someone does something that they just don't feel like owning up to with their significant other it is actually really creepy the facebook knows so much about us that they can predict via our status is when we're going to break up it's like they can see the future scary right what's next facebook are going to start predicting the number of times that users are getting lucky the possibilities . today the federal reserve made the long awaited announcement on
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a second round of bond buying to lower long term interest rates and hopefully boost the economy they're calling it. now the fed says it's going to buy six hundred billion dollars of long term government bonds by the middle of two thousand and eleven to further drive down rates on mortgages another debt and it will be in addition to an expected two hundred fifty to three hundred billion of purchases over the same period from reinvesting proceeds from its mortgage portfolio but debate is already raging inside and outside the fed about how much good this will do if any some say there could only provide modest support for the economy while others fear that it could backfire by pushing up commodity prices paving the way for long term inflation and undermining confidence in the fed's ability to manage so is q.e. two really supposed to make us feel any better all right now i'm joined live by our chief financial correspondent lauren lyster from our studio in new york to give us more on this story our lauren first of all i guess give us the best case scenario
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of what could happen from quantitative easing. well the best case scenario in theory is that this will pump more liquidity into the economy more cash into banks for them to lend to the average person who is struggling to a at a low interest rate so that they can have access to cash it can help fuel a recovery in the u.s. economy now based on the last two point one trillion that the fed has spent which have resulted in record low interest rates and a lot of liquidity in the system but it hasn't worked to help the average american who is struggling most economists i speak to don't believe that it will achieve this and see no reason why this will do what the fed's policy and quantitative easing one has done well that's what i'm wondering right because this is essentially supposed to help homeowners small business owners the average americans that are struggling but how come it hasn't done that why is it only the governments and the corporations that actually get to take advantage of it. you know that's the
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thing the fed can't make banks lend to you know average americans and what most people will say is that credit remains extremely tight for individuals and small businesses unless you have just excellent excellent credit so who is all this cash available to it's available to large corporations for them it's great they have access to all this credit at such low interest rates they don't invest in the u.s. because there's not a high return on investment because like i said interest rates remain very low in the u.s. so they're taking all this money and buying up things all over the world which is why you get the concern over something like you mentioned in your intro commodity prices getting driven up it's why you see other countries reacting to protect their currencies such as brazil because all of this cash is flooding into their markets because they do have hot economies and it's driving their currency up and threatening their economies so that's where you see the movement of this cash is out of the country by these big corporations and then you see the federal government benefiting because they're the largest debtor nation in the entire world
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the u.s. government owes fourteen trillion dollars and when they have people you know take this money take this debt on these record low interest rates mean that they're paying record low interest rates on their debts so if we think about this politically that is only going to make the tensions even worse right now between international economies because like you're saying you know that if all the money is going elsewhere we're printing more money and the value of the dollar starts to drop. is the currency war actually become going to become more probable because of the fed's actions here. according to people i talked to absolutely i just got back from an interview with an economist who advises other countries he meets with chinese leaders quite frequently and he says that quantitative easing amounts to financial warfare and these countries are going forget about it this is not ok you know we're not going to commit to anything with our currencies when you have the
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u.s. flooding the entire world with cash devaluing its own dollar and basically manipulating its own currency in this other round of quantitative easing just ahead of the g twenty summit next week where world leaders are supposed to make a deal remember to fine tune details on what it means to not competitively devalue their currency so just ahead of this meeting you know economists say forget about it there's not going to be a deal reached with the u.s. announcing this new additional round of quantitative easing now learn very quickly is it me or does it seem a little weird that the fed had to wait until one day exactly after midterm elections when the results were already in to announce their new move. well you know it's a fair point certainly mid-term elections are the top news and all the headlines so this news that the fed announced is kind of gets buried and doesn't really get as much attention which i don't know you could argue maybe they want you know in addition we're seeing them come out with policy that is really what people are
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arguing the federal government should be doing so you know that's just one other element of this which is that they're spending all of this money for a policy that is arguably much less efficient than federal stimulus but you want to talk about the politics the political aspect there really is no political will for federal stimulus in the government definitely wasn't before the elections will likely not now so essentially the fed doing what many argue the government should be as far as if this was intentional you know this meeting was planned in advance this was news that was expected by wall street and by the markets and anybody that's following this so i don't know if that really was intentional and our guard but of course there are still a lot of questions as to whether it's even going to do anything because we learned thanks so much absolutely thanks are still to come on tonight's show it's a story that's making headlines in russia a man who kidnaps people that are addicted to drugs and then forces them to break
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their addictions some see him as a hero but some see him as a villain so we'll ask why it's a program or work here in the u.s. or so many celebrities like lindsey lowe and treat rehab centers like their vacation destinations only back in just a moment. james st. clair russia. free elections were. found years ago. margie goes. they used to play. the big zeile since the seventeenth century. when businesses take advantage of the wild growing products. where rich academic life gives birth to innovate of idea come to the touch screen. watch a close up on r.g.p. . the admiral no human
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a passenger liner sailing in the blank seen. this thirty first nineteen a nice ips. twenty three twenty young. kilometers off shore. crashes into another vessel. four hundred and twenty three people died on. russian titanic on archie. moon's dying. and made him look forward to be held down say. the pain and suffering will never be forgotten. as well as the joy of liberation.
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spring the nineteen forty five on our team. but what will go down as one of the most of this says election cycles finally over we're now getting word on a large number of blatantly misleading robo calls that were taking place all around the country so there was a robo call that went out in maryland of the governor's race and this one was recorded by a resident and then turned over to the media. i'll usually or i want to now. after. all talk and. wash. everything i. can graduations of basically this ad was telling democrats just sit at home watch the results on t.v. because the democrats are already going to when i think that we all know from watching politicians pretend that they have no clue whether they're winning or
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losing until the very last moment that you never say anything until you're sure now the calls came when to go to area code which is here in washington d.c. not shocking but good thing we didn't really matter because gov martin o'malley was easily reelected now here's another one over the weekend in kansas voters received mysterious phone calls claiming to be informing them of the proper way to vote all the calls told voters to bring their registration cards and proof of home ownership to the polls when they open on wednesday nov third which is today one day after the election and guess what proof of ownership is not a requirement to vote these stories just make me sick so let's hope that somebody out there is charged we already have a hard enough time getting people to vote in the country we don't need politicians and their cronies preying on and lying to potential voters i think a little jail time is in order. now what happens when you kidnap a bunch of people and force them out of their drug addictions apparently not too
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much you go to beach go it has been found guilty of kidnapping and illegal drug detention but just today is three and a half your sentence has been replaced with a thirty month suspended sentence so you think this man is a hero or a villain someone rushes your roles so this vigilante is doing the right thing are to correspondence or furth reports. a drugs raid gets underway and after hours of waiting for a contact to give a signal suddenly everyone is up and running the police are involved but not taking part a law enforcement officers the raid is being organized by a vigilante style group for me cash emberg you name themselves the city without narcotics agree piecing controversial tactics to target drug dealers and rehabilitate drug addicts this is a drug called there's a morphine or locally known as crocodile it's a killer deal containing drugs and really dangerous the beginning of the raids and coming through the window was pretty exciting but the minute you get inside the
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reality of the situation really hits very hard you've got a young family. lying around the house next door a young child and a mother who looks barely more than a child herself. and that's that and it really makes it very apparent just how sensitive this issue a civilian participation in raids has raised concerns about whether members of the foundation should be allowed to take the law into their own hands. it's an action which is cruel is it wrong to rescue a drowning person by pulling their hair if people say it's cruel inhumane let them teach us how to do it otherwise we work twenty four seven to help these people when the state isn't doing anything where we have to do it be an issue to the relationship the group is for sure the authorities and you katherine there is a fragile one that in eleven years they have managed to pool their energies to fight the drug issue effectively those caught in the raids face either arrest or we
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have this run by the glory is left to family members to give the final consent. conditions a hard they spend a month being weaned off drugs on a very basic diet and in crime conditions but with the great claiming a seventy percent success rate it appears tough love. my mother saw what six years of drug addiction had done to me and turned to the foundation for help it's hard but you can see how the people are here they talk to each other there's an atmosphere of friendship which helps you through. but in other cities such as initial need to go similar initiatives have been dealt with very differently you go by each curve was sentenced to three and a half years in prison despite having half the number of drug deaths in the city in just two years. i only have a feeling of disgust for law enforcement agencies who instead of fighting drug dealers are fighting an organization which was running
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a successful anti drug dealing campaign it makes no sense at all it's a crime against our city's population this is sparked a public outcry and led many to conclude that corruption amongst authority might be to blame. but in this chap eagle carried out over two hundred operations against drug dealers as a result the mortality rate is half the gypsies are afraid to sell drugs and consequently don't bribe you for it is clearly the authorities there didn't like that but in both cities the foundations have vowed to continue the fight in the face of what they say is government inaction. that people have to take the problem personally to understand that these people or their brothers and sisters and that unless they do it nobody will do it for them russia is in the grip of a major drugs crisis with an unofficial estimate a two and a half million drug addicts in the country almost two percent of the population people like genuine the foundation say a united effort is in everyone's interest and until proper measures are in place to
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deal not only with the dealers but in rehabilitating users as well as left ordinary people like themselves to stand and fight to free their city of drugs sara fair. you're catching bag. now clearly there is a heated debate as to whether this method which is not only beyond the law could also be cruel and unusual but hey they do claim to have a seventy percent success rate someone called tough love you see here in the u.s. no one would get away with such a project but the. concept of tough love it's there if you look at our skyrocketing carsley ration rates for minor drug offenses however there is one little portion of the population to whom the law just doesn't seem to apply the rich and the famous were sent to luxury as rehabs often resemble five star resorts more they think treatment facilities and yet if we look at the lindsay lohan's of the bunch they're also the ones that go back over and over again now earlier i caught up with tina do
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if we call editor of media bistros baseball l.a. i first asked her what she made of the kidnapping technique used in russia and definitely seems brutal but somehow they're claiming a seventy percent success rate with their vigilante tactics. i don't actually like to see those numbers i'd like to touch that thirty percent and see what they think of the seventy percent approval. it's pretty brutal i mean i according to them they asked the families if they the people if they're ok with their family members being kidnapped but you know no one's asking the family members just because someone uses drugs doesn't mean that there are no longer human i mean it's pretty extreme yeah that's why definitely a lot of people are doing some would say that you know that when you're a drug addict you're not in the right state of mind and that's what that's what you need is just to have someone sweep you away but i we can't help but notice the the stark contrast here with this vision here of people being kidnapped perhaps even
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you know chained to the bed versus some of those a luxury as rehab centers that we see in america and specifically in hollywood now county. yes i wouldn't call it hollywood own cult malibu just to be fair for x. thirty malibu is where everyone goes to rehab here you know there's there's definitely you know where the jonas brothers are jonas bro i should say is going to rehab is going to be a lot different than someone without money and without. a disney contract. but you know there's places here that you know the children dirt. you know teenagers are taking out the woods to do for themselves for weeks at a time i think that was a big trend in the ninety's at some point but yeah no this there's a huge contrast with the betty ford clinic and where these people are going yeah and they have places like you said in malibu like passages but you know unfortunately the ones we often hear about aren't you know these techniques where they leave you out the words make you fend for yourself but we hear about
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celebrities going to these rehabs that are like resorts where they do you know where they're really seems like they're enjoying themselves you know so do you think that rehab somehow in our society has begun to be treated like well like something that's really acceptable where everyone just gets to go away for a week perhaps vacation clear they're ahead clear their thoughts rather than an uncomfortable experience. right or for being racist or something out of line yeah i know i mean it's kind of sort of funny to in this society where we you know we really don't take vacations we really enjoy or rehab for all sorts of maladies that we can come up with. now what about also you know we have shows on television we have a celebrity rehab or we actually get to watch all these famous people that are clearly screwed up to have drug problems and we we have observed them you know going through this tough time in their lives we do you think that that glorifies it
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by putting it on t.v. . you know i think it actually humanizes people who struggle with this addiction i mean most people that you talk to have you know these are drug addicts and alcoholics these are people in our families these are people that we know these are people that you know if you work in my business you work with them and so i think it really puts a human face to problem that otherwise i mean we decide to state that i heard in the last thirty years it has tripled the amount of people who are going into into prisons which are much much harsher than any rehab could possibly be you know and eighty percent of them are there the users and not the drug dealers so you know this is a huge problem and you know america uses more drugs than any other country in the world and so this is really this is an issue with us and seen on television you know at least puts a face to the to the issue yeah but i wonder you know because i can imagine our
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incarceration rate stephanie are skyrocketing in this country that's because a lot of people have this attitude that you have to be tough on crime you know rehabilitation isn't often an option that people think someone who's been caught with drugs deserves and i just wonder if you know having these places like passages that are luxury as resorts at that kind of hurts the cause of that's what turns people against the idea of a rehab. if you know. what can hurt the cause of passages is them not getting results is is. coming out a couple months later or a couple i'm sorry minutes later and going right back to jail you know i think the lack. the lack of results is more of an issue then then whether or not you know. good study bears. definitely i said i don't know it seems like if it was the first one which i do thing i could think of i find you know to be horrible and brutal but
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i was just so well that's what the rich and famous apparently love it to take so much for joining us thanks for having me. and our before we go tonight it's time for our tweet of the day president obama met with the media this afternoon to talk about last night's devastating election results and he called the house loss a shellacking so we just wondered what would angry voters tweet back to the president we thought they'd say no mr president what you got was an ass whupping i mean it doesn't make it any better if you guys pretend that the damage isn't all that bad let's just be honest and everything goes are you guys that's it for tonight's show thanks for tuning in make sure he has come back tomorrow night you too as apparently taking jihadi videos off of their site and the telegraph the british based newspaper is also claiming of this is because of pleas by the u.k. going to the white house but we have to wonder there's removing these videos off of
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you to really do any damage i would just think about how many other jihadi websites are already out there think about the fact that our government uses these you hoddy websites to do a lot of their information gathering now we're going to get into all the details of that tomorrow but in the meantime don't forget to become a fan of the ilona show on facebook and follow us on twitter and if you missed any of tonight's show or any other nights you can always catch it all you tube dot com slash the a lot of show where we post interviews as well as the show in its entirety coming up next is the news with the latest headlines from the u.s. and around the world. the news today.

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