missions. can be loaded show real good for real headlines with none or see or hear a lot about washington d.c. and as the clock ticks down to looks as if a government shutdown is imminent but what's become the big news this debate is no longer about money but it's about defunding planned parenthood so is congress really going to let abortion shut it all down then it's the birthplace of the i.m.f. or the world bank and now there's another major financial conference underway and

bretton woods new hampshire will tell you who's there and what's being discussed with our teams financial correspondent normally start then we'll introduce you to a man who thinks that obama needs to be impeached over his decision to intervene in libya we invited him on the show to explain for himself while bamma needs to step down as the commander in chief and more than one hundred senators and congressmen are asking the d.o.j. for more federal obscenity prosecutions they say that we know the damaging effects of obscene pornography but do we really we're going to host a debate on that and it's friday so let's make a toast to all the stories making headlines this week our producer jenny churchill and a realist idealist lab's j. group will join me at the end of our show and now let's move on to our top story. it's friday it's six pm and as of now congress has not reached a deal on a budget which leaves only six hours until the midnight deadline which makes the likelihood of a government shutdown look very very real and as we. watch this painful debate

between democrats and republicans drag on over the last few weeks one thing has become very apparent that this is not about money or the budget or cutting government spending democratic leaders have made it very clear that this is about politics as republicans have made defunding planned parenthood the political rider that they just can't live without so why is it that as our government stands on the brink of shutting down it all once again comes down to abortion trying to discuss it as j.p. for senior communications strategist at new media strategies thanks so much for joining me tonight thanks for having me first of all six hours to go it's really going to happen are we going to have a shutdown or not but i like what you said you know it's six pm do you know where your congressman is i mean right right now i think that we're probably going to have a shutdown i don't i don't think that the republicans are going to let go of this and i'm not certain if that's a mistake i just know that it is controversial as you pointed out it looks like a social issue is taking charge but let's let's keep a little issue is taking charge is not look like it will happen it will but look at

what the report republicans initially promised they said that they would use sixty billion dollars in cuts and we so far we've always an agreement for about thirty eight billion so this is the one thing that also democrats can't do without i mean it's almost everyone slinging mud at each other being like well the republicans can't live without this and republicans are coming back with what the democrats apparently can't live without this thing either so if you think about it in financial terms in print parenthood n.p.r. really these are just miniscule tiny little portions that when it comes down to the money and right now we know that they're bickering over maybe three billion maybe five billion maybe seven billion dollars in difference but i just don't understand how you can try to claim that this is about money when i heard down to the wire and it is all over planned parenthood and you know to be quite honest it's over a false assertion that federal funding goes towards abortion and somehow republicans just like to ignore that well if it does offset the amount of money that they have to put that they put it right i mean if you give money in one area for. money elsewhere right i mean we can both agree that that's what happens that

we both have done our books recently because we're looking forward to tax day but the scary thing here is that you still have state debt you still have the looming benefits crisis the entitlement crisis you have all these areas where no serious headway has been made and democrats and republicans are caught up over this one thing now again this is still this is an important thing to be caught up over here if you are a democrat right because just think of how many i honestly believe that planned parenthood provides a very very good and very important service for a lot of women in this country especially lower income women ninety seven percent of what they do has nothing to do with abortions so if you're talking about offsetting costs same thing well it's also they have three percent leftover that goes toward the portion that is out of federal money but we're coming right towards this entire showdown over in title net spending and that's going to be now we have paul ryan's plan that's going to be for the two thousand and twelve budget in the meantime can we just figure out because i feel like it's going to get so much worse

come september i think it's because if you're if you're willing to take this whole budget situation seriously you need to look at this forty billion is being not enough i mean it is a compromise but it's a really bad compromise because you know this is as far as democrats are willing to go and this is only a small fraction of it and i think that's really what it what it comes down to is not republicans just using this as a social issue i think that they're looking at it as look we need to cut everything we need to look at the things that we can really try to get it i think that you're overestimating a little bit the divide just between democrats and republicans here because if you think about it a lot of republicans aren't necessarily onboard either when it comes to cutting entitlements spending right it's the tea partiers we now have this dividing force in the middle that likes to be the rebel and the other two parties i mean if you think about a bear not necessarily in line well what's interesting about the tea party though is that you know the polling shows that it is comprised of a lot of actual independents people that don't necessarily consider themselves republican that are trying to pull the republican party and even the democrat.

party towards a more fiscally sound situation and of course they're just going bizerk over this and they should be tell me this the one thing that both of the parties i think are very happy that nobody seems to be wanting to mention is that suddenly defense spending isn't even an issue anymore suddenly both parties have completely shut up about the fact that everything should be on the table and they're very happy to let defense right on through scot free right now well that's i mean that is a shame because it does make up a huge part of the budget i think that you're restricting money from i mean it's not it's not the only place but it's definitely one of the places and i think that the problem is the optics nobody wants to say that they denied troops the funding that they needed because we have them in so many different places right now in the world it's very uncertain god knows that the next thing that happens is we have another flare up in the middle east where we have to respond and we actually have to respond if if that's the case and then we don't have the money for it i think that they're very concerned everyone is too scared to say i mean if at the end of the day you're not going to be denying troops the finding that they need because there's still plenty of money going around for that i think anybody can easily

point at the pentagon and point out some kind of waste going out some kind of a program you know that's going to the military contractor that's taking twenty years to get it done where the budget just keeps rising every single year yes senator tom coburn of oklahoma republican he's been doing that for a great deal of time and you know i think a lot of conservatives do well to follow his lead who do you think obvious is the question that everyone is asking is who's going to be to blame if in fact it does come down to the showdown i think the spotlight is on republicans right now i think there's a lot of scrutiny happening republicans promise that they'd be able to do one thing and they're running into a lot of opposition so that's making it very difficult and putting a lot of pressure on boehner to get something done and i think they're definitely losing this messaging where it's i think democrats have come out very strong today making sure that everybody knows that the republicans have made this about politics about planned parenthood about abortion and the republicans have been fairly silent they don't really have a good unified answer while there was hope. it would have done better if they had

just said this all could be avoided if democrats come along with these specific things and if they come up with you know more cuts here but they haven't really been highlighting that as much as they they should have and so now i think that they're getting some egg on their vice think i definitely get a good point there which is that if the democrats really wanted to make the republicans look bad they could come up with a better counter offer themselves right now to not either so i say everyone's to blame but the republicans more say we're ready but it's great thank you thanks so much for joining us tonight thanks for having me and there's so much more coming up on the show bretton woods conference where the biggest names in a financial sector of come together and discuss how to fix the world's economy and remake the financial order artie's lauren lyster is there actually fill us in on what exactly is on the agenda and will introduce you to a man who thinks that president obama should be impeached when asked for a spine why he thinks the president should step down when the rich are. getting some pleasure see the story of the sick so you think you understand it and then you glimpse something else here see some other part of it and realize that

everything you saw. i'm sorry is a big. let's not forget that we have an apartheid regime right now. i think. well. we haven't got the it says they're very safe get ready because of the freedom. they guy. welcome to show and tell on the alone

a show we've heard with our guests up to say on the topic now i want to hear our audience has gone to you tube the video response or to twitter for part of a question that we host on you tube every monday and on thursday and when the show long response is going on we played low voice. now as we discuss how the government shutdown will affect the country and the everyday american let's turn our focus to another area where peroration

corporations are making headlines lately for not paying their taxes while the rest of the country is struggling to figure out how to budget increasing debt so at this point maybe we should ask are we facing a budget crisis or is it a revenue crisis artie's christine purcell has the story. if you will the economy with innovation with jobs and yes with wind but it turns out not with tax dollars general electric one of america's oldest corporations is also one of america's most creative at least when it comes to doing taxes a new york times investigation found that in two thousand and ten g.e. reported worldwide profits of fourteen point two billion dollars five point one billion of which came from its operations in the united states but its tax bill in the u.s. was zero in fact g.e. claimed a tax benefit of three point two billion dollars according to g.'s website the

company paid what it owes under the law and g.e. is right thanks to heavy lobbying legislation passed allowing companies to keep much of their profits overseas or tax rates are lower and it's not alone google also benefits from laws passed here in washington because it keeps its money here in ireland near its dublin headquarters while the corporate tax rate in the us is thirty five percent it's just twelve percent in ireland from their profits are sent to its brim you to subsidiary a mailing address where the tax rate is zero if the practice bloomberg news reporter jesse drucker says is common the question is does it make sense for a company that created intellectual property to really us and as the majority of its employees in the u.s. is it sound tax policy capital of its profits overseas attributed. mailbox and bermuda it's a question many are asking the specially in the midst of an economic crisis

economists estimate that the u.s. is losing between sixty and ninety billion dollars in tax revenue but corporations say the tax rate here should be lowered the argument is if they bring our own cash from overseas or give it a tax break to do that but that will enable them to spend cash in the economy now but u.s. companies are already sitting on a record pile of cash almost two trillion dollars according to the federal reserve jordan asked about with national people's action says lawmakers wrangling over the budget are missing the point that it's not a budget crisis but a revenue crisis the fact the matter is governments on the state and federal level are not raising enough revenue. his organization protests against what they see as corporate greed bank of america in two thousand and ten actually got a tax refund of six hundred sixty six million dollars that's on top of their two thousand and nine refund of three point five billion dollars. i'm sure don't forget

they give america was given billions in taxpayer dollars in the bailout corporations are now campaigning for a tax holiday like the one in two thousand and four it allowed corporations to bring that profits from abroad at a tax rate of only five and a quarter percent resulting in a two hundred sixty five billion dollars cash injection it was called the american jobs creation or one of the most interesting examples coming out of that tax holiday it was true at packard which brought on fortunate half billion dollars under the that same year announced it was laying off more than fourteen thousand people perhaps because most of the money was used to buy back shares of this company it's not creating jobs helping these guys i was like critics are just on their pockets can this be then especially with tax day right around the corner to be grudgingly on the government but the government provides services that people use and enjoy every day whether they realize it or not play. road repair for the most part the government also fund the work permit like firefighters. on the

situation that you actually need and for those of you who say your tax dollars are going down the toilet. some of them may make one in the boiler go away all the sources and that's not the only kind of waste removal the government pays for they also pay to get rid of your garbage. every day services increasingly funded by those making the least ball companies making the most use the system to get around it. christine for example r t. and now let's have a quick reminder that we are still at war in libya and the clashes continue between pro get off the forces and the rebel forces the opposition has found themselves facing another problem attacks from nato yesterday was the second time that rebel forces were the targets of nato air strikes last friday was the first time that such a steak occurred killing at least thirteen people it's the latest in this frustrating

battle taking place on the ground and in the air in libya but to make matters even worse nato leaders refuse to apologize for the mistake at first nato officials insisted that they didn't know rebels had access to tanks while rebel leaders insisted that they had informed everyone of the use of tanks but the british foreign secretary william hague did end up apologizing in a b.b.c. interview do you think that it was just a little too late word has it that the libyans including the rebel forces have been confused by these attacks and efforts to protect themselves they've painted the top of their vehicles and tanks right pink so they're no longer mistaken for an office forces but come on nato can't properly communicate who the good guys are who the bad guys are on the ground we have so little communication that we have to resort to painting the tops of vehicles and neon colors but on that note can we stop pretending that this mission is about protecting civilians i think it's become abundantly clear that we're fighting on the side of the rebels now all we have to do is come out and say it and to make matters worse army general carter ham told

congress yesterday that while it wouldn't be ideal the u.s. just might consider sending in a ground force to aid the rebels so these developments just make it all the more clear that this war is becoming a mess. now obama got the u.s. involved in a war in libya without seeking congressional approval something that his justice department claims is within the presidential powers as commander in chief when it comes to limited military interventions but with the news today that the u.s. now quick consider placing troops on the ground. see how anyone can try to continue to argue that this is in fact not a war and even the critics within congress have mostly fallen mute as they deal with the prospects of a government shutdown but there's one man who's determined not to let obama get away scot free yesterday introduced an article of impeachment against the president writing that he has knocked the rule of law and danger of the very existence of the republic and the liberties of the people and perpetrated an impeachable high crime and misdemeanor so here to discuss it with me is former reagan administration

official and chairman of american freedom agenda bruce thanks so much for joining us here and writing first of all of honest office of legal counsel released on our end of this week where basically they gave their legal explanation for why they think it's fully within the president's powers to conduct this type of limited intervention without congressional approval so why can't everybody agree on this on the legality here because obviously you disagree with them well the memorandum style by the office of legal counsel is an arm of the department of justice and what's remarkable about the memorandum is that it doesn't cite anything with regard to the language of the constitution the constitutional convention the ratification debates the federalist papers that amplified on the meaning of commander in chief stating as the founding fathers understood commander in chief men you could leave the army in the air force at the time and it was described as an inferior power to even governors who could lead the militias it was explicitly said unlike the

british king who could declare war but only congress could change the nation from a state of peace to war and this memorandum prepared by the department of justice doesn't cite any of that indeed and says this long train of presidential unilateral authority began when nine hundred eighty six doesn't seem very long in the republic of the united states it began exhibit game seventy six by two hundred thirty seven years ago and so what we have here is a department that cites its own commentary of fraud. tourney generals not a single supreme court decision not a single decision made by the founding fathers practiced by george washington the first president thomas jefferson third president james madison father of the constitution it is a concoction that is totally and completely hollow and with regard to your statement about war the secretary of defense mr gates said in congressional testimony well of course if someone threw a tomahawk missile at new york city we're at war and there was as well that are we

at war if we do the same at libya and he said yes of course we are who are not so i can't believe that anyone would still try to deny it but let's go back to your thinking about the carnage the founding farmers here writes of our first president let's go back to more recent history you also said that perhaps obama has been more bold than any other take away which is that of course let's look at perhaps clinton what about clinton and what we did in bosnia and kosovo to get in those cases there's no doubt that in my view they were flagrantly unconstitutional wars in fact it was a god to bosnia clinton ask congress for declaration he couldn't get it you've been bombed anyway and i would agree it wasn't quite as flagrant as obama for this reason just minutes he didn't even ask period i mean i don't know if you ask and then they say no i'm good here obama you know the reason is i understand facially that may seem inconsistent but here president obama said i talked to the arab league and arab league endorsed it and i talked to the u.n. security council and moreover what was even more dangerous was not only the

particular instance of libya but his but probably stated in his department of justice greet he had the authority to go to war to ensure what he says is the effect of this any fish and seeing credibility of the u.n. security council your security council doesn't make a cameo appearance in the united states constitution he has no authority to use the treaty to trump the united states constitution and you could imagine if his threshold for unilateral war is the oppression of libya you've got eighty the ninety cut. he's in the queue for him too in big crowds north korea you run it in a lot of play or whatever and that's why i'm saying the danger from this president is worse than we've guard to clinton because he wasn't making these large pontifical pronouncements suggesting that he was going to do this forever there were no limits in therms of what he decided was but actual interest that would justify him going to war do you think that this actually has a chance of working you said that you have a few congress members that of the like the soundest i want to know who they are

because i feel like initially when we did you know when the un security council did pass this resolution for a no fly zone for all the necessary measures we did here's an outspoken voices and suddenly they've all fallen fairly new except for perhaps with the exception of rand paul i don't hear anybody talking about this anymore let's listen certainly to preoccupation the president is the budget crisis in the shutdown of the government and moreover because we have become an empire for so long there's a jarring about suggesting it would mean we don't have a president who can go anywhere in the world he wants but that's how even i worked through all impeachment since nixon and this is my fourth one i and even at that you're in a grip yeah i'm here is the only impeachment i have and that was andrew johnson in eight hundred sixty eight i'm not quite that old but the fact is even with regard to the watergate crisis and nixon it took months before the public was able to realize the danger of a president who says if i do it it's legal and it will take that long as my judgment is there with regard to the crystal ization of opposition to president

obama now i have been on many radio shows and television shows and i'm up at congress i'm not going to identify the members just because it's their privacy they like the liberation without being flashed on the on the scene if you will before we have actually an official introduction and i disagree with their if they're thinking that the president should be impeached i want to hear about that it's not their privacy this is a public matter it is they were likely to say i stand there think i'm going to force in the first round of time i want to thank you very much for joining us and you know i think it's definitely something that needs to be discussed at least because i'm very unhappy with the president's done here to thank so much thank you . now let's move on to bretton woods new hampshire was the birthplace of the i.m.f. and the world bank the location of the one nine hundred forty four congress conference where world leaders met to restore the global economy in tatters from the great depression from world war two and it's where you could say the financial architecture of the world we live in today was built over the next four days global

leaders economists scholars and finance experts off today are once again gathering in britain was all brought together by george soros and the theme is crisis and renewal so joining me to discuss it is our chief correspondent laura lister who is there in new hampshire to tell us what it's all about lauren for starters who is on the list there is a long list of very influential well known highly regarded academic economists of course george soros is here the billionaire investor who started this organization this think tank with fifty million dollars of his own money back in two thousand and nine we are hearing from larry summers who up until recently was the president's top economic aid nobel prize winning economist joseph stiglitz also paul volcker is. here he's a former federal reserve chairman that's just a short list of some of the names economists fergus and harvard professor kenneth rogoff so all very highly fluent schol names in terms of the economy and even politics definitely

a lot of big names there now as i said the theme is crisis and renewal but i'm just wondering what that really means you know a lot of people are pointing back to an interview that george soros did back in two thousand and nine where he essentially said that he wants to rearrange the entire financial order is that is that a big conspiratorial the now people are saying this is where he's going to do it. because i thought with some of the fear mongering coming out of conservative blogs leading up to this conference that people are concerned from that political persuasion that soros is essentially trying to rework the global economy and to undermine america and take on a notch what soros is doing for him perspective according to the organization is wanting to have a global framework that post economic crisis post natural crisis which the globe has seen shake it to its core there's a different set of framework that emerges that deals with global challenges today which these thinkers assert is very different than in the framework that came out

of the one nine hundred forty four conference when it was a universal or world's fair was kind of the leading economic power well now we are world where there are these thinkers are saying there needs to be acknowledgment and participation in this global framework by emerging economies in latin america in eastern europe and i only have to imagine that there are going to be a big focus on the bric countries brazil russia india and china the developing nations who are charging had kind of leading an economic growth so these are kind of the issues that this conference and sue address and tries to put forward a new way of dealing with the world and you can economic framework that deals with now globalization of trade finance and of all of these things that did not exist back in one thousand forty four when the great good friends were originally held i was curious though as you mentioned there are a lot of big names here but aren't some of these people also responsible perhaps for the situation that our economy is in right now for their poor handling of the financial crisis is just seems a little ironic that they're all getting together figuring out how to fix it. well

you bring up an interesting point and i mean a great example would be larry summers who was the chief economic advisor to the president who critics have said that he did not have enough of a stimulus did not have the proper response to the financial crisis and that as a result didn't serve america and so at a conference that is all about kind of moving past that work but oxy and rejecting orthodoxy and suggesting that that doesn't serve the globe anymore larry summers critics probably would say he's an example of someone did act very orthodox and didn't serve america and its handling of the crisis the stimulus just being one of several this isn't that of him and of course summers is here and he's getting a keynote address shortly and we are going to get a chance to talk to him so i'm going to i'm going to try to get a couple questions in there i'm just curious how much press is covering this event because you know we spoke before on this show how any time these days that there's some koch brothers conference where a lot of you know rich people

a lot of top economic minds are gathering then the liberal media is all over it there might be protesters outside but i really haven't seen anybody talking about this conference it's been pressing because leading up to this really the only kind of media coverage you saw was conservative bloggers that had a very very negative kind of fear mongering reaction to it saying that as you mentioned george soros is kind of trying to undermine america and create a new global order but here we do see some press there it's mostly financial press there handful of camera crews a handful of print press supposed to be here cultural there's about fifty organizations covering this so there is some press but but as you mentioned it's kind of been very quiet leading up to this and there hasn't really been a big splash made by the media especially the mainstream media are laurel thanks for filling us in and we're looking forward to your report to see what else happens over the weekend after this conference thanks. now we're taking

a break but just ahead a trio of t.v. hosts are upset over markers and crayons that have various can count so-called are now in just a moment in our school time segment and some members of congress are demanding that the justice department go out there for makers who violate federal ten of the laws so should we be worried about porn all the other issues facing the u.s. will have a debate on a topic in just a month. it also gives you a story and it seems so poorly you think you understand it and then you live something else you hear see some of the part of it and realized everything you thought you knew you don't know i'm sorry welcome to the big picture. let's not give that we have an apartheid regime right.