there are a lot of people i know around the world many of the other western countries also do not have the death penalty they consider this inhumane so what everybody will believe that it's on its way out i mean remote so the rest of the world government if it most of the united states is starting to turn away death sentences have dropped sixty percent executions have dropped fifty percent there's a number of states a matter of fact illinois probably today tomorrow is going to vote on whether to abolish the death penalty so and the reason is that people are uncomfortable sure when you get a d.n.a. exoneration it's great but you just have to wonder when you're in the jury room whether these witnesses really got the right person or whether the police evidence is is accurate there may be no d.n.a. to debate and that's the problem you know the and that's why i think the world and the u.s. in part is turning away from the death penalty and and that's why i don't think we'll see it ten years from now so the dia the death penalty might be out we have ten seconds you think the death penalty is on its way out josh thirty five states

have the death penalty and wisconsin voters voted overwhelmingly in two thousand and six so i'm going to take that as of now i'm sorry we're out of time but i appreciate very much by the gentlemen for being here thank you now still to come on tonight's show a supreme court justice is swearing in john boehner staff today but you know that the justice can do that when i did we will have more on that tonight schooltime moment and there are several new faces in the congress many of them tea partiers or they just fall into line once they get to capitol hill or will they stay true to their campaign promises on this because the tea party member after the break. they were told is filled with joy. with parades and cheers. inspiring insouciance. but was everything really that good and was it the loudest.

there she shared with me with her diary it became evidence in the trial for trying to make the reactivity. the evidence which condemned to label. the diary of the soviet school on. this is c. coming to you live from moscow the headline. breakers have begun a rescue operation for the first of a pleas of troops trapped by allies don't think countries part ways because some five hundred people are believed to be stranded in this upcoming day where the weather can become a blessing and. also underline in cyberspace the israeli army is trying to control its military needs its means of why is generation of soldiers post secret contacts

and pictures on social networks. also says hundreds of billions of dollars abroad to maintain its would have got its start experts say much of that money would be better spent apart. as the headlines up next. well it's time for it's nights tool time award and we're giving it to the chief justice of the supreme court john roberts besides presiding over a court that sided with big business become more conservative since the day he arrived he also did a first today at the request of incoming speaker of the house john boehner the chief justice presided over the swearing in ceremony for boehner step a banner himself will be sworn in until tomorrow but it is a really ok for the chief justice of the supreme court to hold swearing in

ceremonies for staff members of congress keep in mind the ceremony is actually symbolic because house aides already commit to supporting the constitution when they sign their employment forms but should the leader of the judicial branch of government really be taking part in swearing in ceremonies for staff members of the speaker or for any other member of congress out there it's never been done before but now the conservatives are in charge of the house it's ok as you know the chief justice is the one who administers the oath of office for the president and back in two thousand and nine well he screwed that one up but i will execute the office of the president to the united states faithfully and i wax or. get off faithfully the president office or president of the i say the united states very. now after john roberts flub president obama had to be sworn in again during a private ceremony in the map room just to be on the safe side so maybe john roberts needs a little practice or maybe roberts and boehner are so cool with blurring the lines

of what's appropriate and what isn't when it suits their interests and that's why chief justice john roberts is tonight's told time where. now the new congress like i said is getting sworn in tomorrow including a number of tea party elects but are they going to stay true to the people who elected them or are they going to become washington on them while a number of tea party affiliated groups are already heading to d.c. to keep them in line but what exactly they expect well here to discuss with me is a co-founder of the tea party three sixty five tea party three sixty five and the project manager of b.p.a. now thanks so much for being here and i think now when i hear that the tea party is coming to town or tea party affiliated groups i'm not seeing you know hundreds of thousands of you protesting on the streets anymore what does that mean you're getting these back door private meetings with congress where you i mean when it comes to talking and having these meetings with legislators that we want to hold accountable we've evolved in the way we're doing things so dialogue actually works

a lot better so we're setting up meetings public meetings we're inviting our tea partiers in to sit down with the congress members that we have got elected and really let them know that we still mean business and if they start varying away from what we elected them to do than we do they're going to start here in the noisy series meeting you will evolve that perhaps if you have some point the tea partiers or this uncivilized bunch of bumbling who knows the all over the place and now you're trying to mean business do you think the congress owners are actually going to go for it i think they ever think that you would come into their offices and sit down with them yeah i think they will and they've seen the evolution to you know we all got started you know we were new to politics yelling and it was fun and a lot of people like to do it and now comes the dirty work of reading the policy and really sitting down and negotiating and talking with these people in car going to washington right exactly you know you have to understand what's going on so we're learning the process is and it's interesting it's interesting also when you say that you're going to make sure that they stay in line with the tea party priorities with you know the promises that they made which got them elected what do you mean by that you mean repealing health care cutting spending yet repealing

health care and cutting spending are definitely the two biggest items that we have on our agenda you know how with care of volved and this massive bill full of special interests and lobbyists and it's. that we just you know we want that repealed and today majority leader majority leader elect eric cantor put in the first bill it'll come the discussion on january twelfth but he's showing some progress there and at the end of the day what started the whole tea party movement was the spending so we need to get this spending down and obviously a big debate is going to be coming up with the time to think of this one when it comes to spending because i just found this story hilarious the g.o.p. freshman are throwing a big party tonight in fact that the w. hotel just down the street where it's twenty five hundred dollars a ticket there's a special deal for fifty grand if you get for eight tickets in a special suite leann rimes is performing does that really sound like the type of penny pinching people do you elected into office it sounds like a bunch of people who are raising money for you know another battle in two years or twenty two for the reelection and yeah definitely we're this is you know they

really need to realize this is what is your side and you know we're talking about that today in the forums and chat rooms of the tea party and yet people brought it up and you know we sent them e-mail saying you know what is going on who's going to be there and you know i'll get an invite are you going r.t. and that's not what i want. but you know a lot of us will probably be there anyone who wants access will be there i don't know of any tea party years ago so i can guarantee you that that will be brought up to them when we start sitting down with them and asking about these events and who what lobbyists are there these type of things one of the issues that's going to be brought up soon is having to raise the debt ceiling and i want to know how the tea party feels on that you know because obviously you don't want to raise the debt ceiling that goes against your principles but at the same time you know we have so many people coming on saying that this is going to be catastrophic you can't let the entire nation fall just because of your philosophy you know you're exactly right in a similar situation came up in ninety four ninety five when newt gingrich and bill clinton and i think of a tea party to recognize that we can't default on debt it would just destroy our

credit rating internationally and we just can't have that but at same time we have to have that ceiling increase tied to spending cuts so we're not just going to do you want to see these. you know from i know i know you don't like the health care bill but i have and i'm curious i mean do you want to see spending cuts made to the pentagon made to our defense budget everywhere and u.s. military is a part of that you know people always ask us that walt do you consider us right wingers but military is on the board it definitely needs to be cut you know we have bases in a hundred countries around the world so when you look at the military budget deficit needs to be cut entitlements in the next thirty years in time what's going to take up eighty percent of our budget in real reform real cuts there is what needs to be addressed but definitely military too if not i want to ask you about what happened during the lame duck session because from what i hear a lot of the tea party was upset that some of the legislation was passed in a lame duck session but what exactly was so upset were you upset by don't ask don't tell being repealed very upset by the nine eleven health bill you know were you upset by the defense appropriation bill perhaps that was seven hundred twenty five

billion dollars which one was that the majority party was upset that the republicans didn't take a stronger stance in setting the lame duck agenda and saying no and saying no to spending to all the spending but what about some of these social issues like i mentioned what about we're going to tell you no we don't get to vote on these social issues and still you know it was mainly the you know the faith based coalition on the right that really got vocal on don't ask don't tell but at the end they teach party we are fiscal and we really didn't get too active in that debate what did you think of the nine eleven health bill though do you think i was i was responding you thought it was atrocious you know i started people that i know dying there were the first responders who were there was atrocious that it took so long to get passed on from new york city i restart to new york city tea party they need to be taken care of that bill what started off with that bill is there were just tons of money going to every which lawyers unions all over the place what i'm getting passed was much more reasonable but that should have been done a long time ago and it was atrocious that they were playing politics over this bill should've been passed cleanly for the responders i'm not sure about that so if

these tea party like very quickly don't do as they're told or as you'd like them to do what happens twenty twelve will start lining up primary opponents against the these republican. we elected in our going to you know we brought it in to cut the spending and cut cut our deficit if they don't do that will be fine you can it's run against me twenty two different our economy so much for being here let's see what happens yeah definitely. here on the show we've told you about the shadow war in yemen but it looks like the u.s. is really going the extra mile to extend a helping hand to the yemenis and by extra mile we really mean extra cash and military supplies and attempts to fight terrorism the u.s. has continually supply the yemeni military with powerful ships by august the u.s. will send over two hundred eighty seven foot protector class coastal patrol boats now we couldn't find an exact figure for the cost of each boat but a report from two thousand and five said that it would cost three point five million dollars to make each one and surely the cost of gone up since then

considering the report is six years old now on top of the patrol boats the u.s. plans to help out yemenis yemen's interior ministry by sending over an additional seventy five million dollars as was approved in the defense appropriations bill that i just mentioned and back in two thousand and eight the u.s. sent over twenty nine million worth of ships and supplies so well that is at least a whopping hundred eleven million dollars in u.s. taxpayer dollars going towards anti terror it's in yemen but according to wired dot com these anti terror efforts i think quite a few moonlighting missions on the side to you know those fancy patrol boats we just mentioned well they're being rented out to shipping companies who are afraid of sailing through the pirate infested waters without any military protection so it turns out companies can make a call to the interior ministry and get a personal military escort all to avoid a run in with those dreaded pirates the way what about all those anti-terrorism efforts while the u.s. government says that they're not happy with the way their supplies are being used but hey if you haven't keeps fighting terrorism on behalf of the u.s.

i'm sure those side objectives can be easily overlooked right so this wasteful spending abroad or all worth it for the sake of feeling safe i will let you decide but meanwhile there you have it your tax dollars hard at work. now coming up we're going to tell you about who president obama is considering it forming out his cabinet with and here's a hint some of the topics are straight off of wall street and is there a back handed deal going on goldman sachs and facebook are setting up a special purpose vehicle to allow their clients to invest in the social networking site but is this really just a slap in the face to the s.e.c. business insiders joe weisenthal would join me to discuss the details after the break.

lol old. enough and you're not you know landed. a much closer to crop up and then spread all over the country. virtually all terrorists today are muslim do we have the right to make such provoking of statements and do muslim schools have the right to exist. in new york city. is he.

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the. future. mormon in a pretty. good truer makes the pill easier to swallow. everybody was come found it. seems that not even the white house is immune to the housing crisis the los angeles times reports of the value of the white house has dropped by four million dollars just in the past year now the home is still appraised at a whopping two hundred fifty three million but the housing prices nationwide cause

the home of the obama's to decline in price now the historic house has one hundred thirty two rooms sixteen bedrooms thirty five bathrooms eighteen acres of land historic fixtures and it's close to two metro stations it does have a few drawbacks of course so there's no on street parking and sorry no rooftop pool but it is located in downtown d.c. and remember in real estate all that matters is the location location location now three years ago at the height of the real estate boom the white house was worth an estimated three hundred and thirty one million so that means of the value has dropped nearly twenty four percent ouch now if you're in the market for a mansion in d.c. and you want to put an offer for the place good luck i hear the current owner plans on staying in the house until january of twenty seventeen and he's ready for a fight to stay they're supposed to by the way the r.t. office is just two blocks away from the white house and while it's nice to walk by

every day i certainly would want to live there one way to many tourists in homer simpson t. shirts way too many protesters outside to ever even be able to enjoy it i still like to think i can run outside with sweats on no makeup and it's not to be photographed and posted all over the. now the new year come new resolutions and surely the white house administration has set a few for themselves perhaps they've come up with a new strategy to fight the economic crisis to stopping those fat cat bankers from having a huge say in the u.s. government or maybe not rumor has it the president obama is looking to wall street to fill out a few of his cabinet positions so we're going to take a look at the prospects first of all keep an eye on william daley he's a top j.p. morgan chase executive and he has a long political history as well not only is he a former u.s. commerce department secretary he also comes from the chicago mayoral dynasty you know the city responsible for obama's political upbringing at least one member of

the daley family has been running the city of chicago for almost fifty years including the most recent mayor who happens to be williams brother it turns out that obama is considering daley as a front runner front runner for the chief of staff position in his cabinet somewhat ironic considering that obama's former chief of staff rahm emanuel is currently campaigning to be the mayor of chicago but moving on another business executive in the running is roger altman if picked all they would take over the role of heading the national economic council he's the founder and chairman of evercore partners and he's got a long history with several other banks like lehmann brothers lehman brothers but all men also has the washington experience on his resume he served as assistant secretary to the treasury under the carter administration and he was the deputy secretary under the clinton administration now both all men and daley have served in regulatory roles but does that really mean they should be considered for members of obama's cabinet the president defends his picks my saying that he wants to mend

ties with the business community but seriously taking a wall street chairman and an executive is tim geitner the ultimate wall street insider not enough there's anybody else out there is he is a bad move by obama i mean come on i thought the new year is all about making resolutions to fix the mistakes of the past not going to those responsible for the country's financial crisis and then making them cabinet members for the government so here we go two thousand and eleven. now we have to ask if goldman sachs and facebook are making a mockery of the securities and exchange commission that's a many are arguing after news broke that goldman sachs has set up a special purpose vehicle to allow their wealthy clients to invest in facebook now as part of the deal goldman sachs a reportedly invest four hundred fifty million dollars in facebook digital sky will invest fifty million and goldman is expecting to raise as much as one point five billion with a b. from investors this is despite the fact that facebook is not

a publicly traded company and that's why the trick comes that you see the f.c.c. requires companies with more than four hundred ninety nine investors to disclose their financial results to the public but because goldman is managing those investments they would be considered just one single investor even though they could be pulling the investments from thousands of clients clients to our goldman facebook having their cake and eating it too well joining me from our studio in new york to discuss it is joe wise involved deputy editor of business insider joe thanks so much for joining us from your perspective are what goldman and facebook doing here are they legal you know if we look at the regulations put in place by the as you see. well for one thing i have to assume that goldman has pretty top notch security lawyers and doesn't think it's doing anything that is illegal there could be some debate about this and there is this idea that they could buy a lot of facebook shares you know represent themselves as one owner and then slice

and dice that ownership up some people say that that won't fly and that actually the f.c.c. will see that for what it is which is that those investors in the special purpose vehicle are essentially facebook owners and that perhaps this is a rule really won't help facebook get around the four ninety nine investor cap i think and you know rather than seeing it as a snub to the f.c.c. however the more interesting angle is perhaps a snub to the nasdaq or the n.y.s.e. because facebook is becoming a public company it probably will you know its financials are going to get out. but it's not on any traditional exchange it's doing it in a different way than any other tech company has done before but it is totally ignoring the traditional route well why wouldn't facebook become public now i mean what exactly is holding them back. well for one thing there's no need to right now and there's a lot of you know regulatory scrutiny you know not just the filing stuff we just you know in general there's regulatory scrutiny sarbanes oxley and stuff like that

and you know look mark zuckerberg is a notoriously private guy and so it's totally in keeping with his persona that he would keep his company as private as it can be for as long as. as long as you can well i mean i think we all like to have our privacy a little bit but i mean in this case could you say that you know by by keeping facebook as a private company then of course none of the public record another of the records are disclosed to the public so then could there be some kind of betting going on behind the scenes and kind of the bad assets that are being traded i mean can we be seeing the same thing that essentially brought down lehman brothers before the collapse. you know i don't think it could be like lehman brothers look i mean there's a few different things. the key the key thing is are going to be speculators and people who bet on the stock but for one thing it's going to be all like high net worth of the sort of credit investors and you know stock investing is always sort

of covered out and door and you know people who buy into facebook stock are going to have to you know be aware of the fact that they're buying shares that are less regulated less transparent than others but in terms of posing any systematic risk to the public i don't see how it really hurts anyone so you know it's a risk that people are going to take in terms of ramifications for not investors i don't think that's a real issue why i think it's interesting that you mentioned you know the people who are going to be investors have to realize that perhaps it's not as disclosed because i have some interesting numbers here rumor has it that goldman sachs clients reportedly have to have a net worth of at least ten million dollars to even be able to get in to this arrangement do you consider to be a part of it they have to invest a minimum of two million dollars some are calling this an offer for plutocrats would you agree here they only ones that can make money here by the time it goes public no one else has a chance. yeah actually i would you know i would acknowledge that that you know

this is venture investing and private equity investing in hedge fund investing is a world that is off limits to the average investor and you know this is kind of edging more towards public trading status but still you know it's of essentially private investing and that's always been a world of the rich and you know for goldman to do this this is. you know it's a very high profile move for goldman it's a way for the bank to perhaps attract more you know more high worth clients which is what they're going for it is a game restricted to the rich but a lot of things are i don't think there's anything particularly special or noxious about it in this case you have facebook for everybody right seven hundred million users worldwide what have you i have still got. well you can still get on it and you know look a lot of people are making money on facebook and other ways so people are starting

companies and people are advertising their small businesses so there's plenty of democracy to go around this is just one aspect of it that's the domain of the very well connected but tell me that i mean do you think that the f.c.c. if they were to be doing something wrong here if they do come to that conclusion are they having to go after them. yeah i think that would look we can you can talk about security of law and what technically doesn't violate rules and what does but in the end what actually matters as you see is does it look really bad and if facebook started doing something and i'm not sure what it would be that was really bad or if there was some kind of insider trading going on or. whatever it is the f.c.c. would certainly find a way to go after the company and whatever technical defense the company had wouldn't you know wouldn't ultimately hold up now let's switch gears for about what i want to go back to a story that i just mentioned which is obama of course has to fill a few positions and his cabinet and from what we're hearing william daley might now

be the chief of staff you know some people call this the the second president because the position has so much power and essentially this guy is another wall street guy why do you think obama would make that move is it really mean is it just because he's from chicago or is it because he's trying to appease big business here which you know is a line that the wood ministration has been repeating often. it is kind of surprising i mean because it's certainly the base already hates it you know the left wing blogs and everyone are flipping out at the idea of a j.p. morgan banker being the chief of staff you know there is part of his idea of people saying that after the midterm is pivoting towards big business i don't know and i suppose you know he needs to crank up the fundraising engine again but you know it's also just that you know the chicago connection to bill daley is a competent longtime democrat democrat. who you know obama's pretty comfortable with in you know other than the fact that will enrage a lot of people on the left someone like him is

a safe pick and bill daley is called a banker but let's be honest he's basically he you know his career in business is closely related to his connections in politics so it's not like he rose up through the ranks as a banker or anything like that now these days is so these days do you think that it's possible to find anybody who wasn't at some point on wall street or advising some financial firm who's also involved in politics and i mean it's become this really crazy revolving door you know the revolving door is pretty remarkable and it's disturbing and you know there is this you know it kind of we were talk about the facebook stuff this plutocracy element and i think that you know in terms of long term health of the long term influence of wall street worrisome. in terms of this specific instance. you know it's kind of something going to get some headlines for a while but in the long term probably won't have much of an impact either way my i think a lot of people would say isn't tim geithner enough obama but who knows we'll see what happens.