tv [untitled] May 17, 2011 11:00pm-11:30pm EDT
11:00 pm
well i'm going to washington d.c. and here's what's coming up tonight on the big picture members of indiana supreme court are planning to scrap the fourth amendment you know the one that protects people from on lawful entry or searches inside your own so if the high court gets their way who are the people who is your state trust meanwhile in south carolina the little financial assistance to unemployed residents is about to be slashed from twenty six weeks of benefits to only twenty weeks so this is fair for
11:01 pm
a state that has about ten percent unemployment higher than the national average and more light is shed on the secret lives of bank stars details on how they made billions wrongfully taking people out of foreclosed homes. the idea of a supreme court is working around the clock to undo the fourth amendment of the constitution last week the high court ruled that police can now enter someone's home without a warrant and without probable cause and in doing so people of that state do not have the right to keep police officers from arresting them without cause on and in their own property in case of him focused on a man who shoved a police officer who walked into his home without a warrant and without his consent the man was then stung gunned and arrested the
11:02 pm
court ruled three to two that the officers acted appropriately and didn't violate the fourth amendment before them of course explicitly says that we have the right to be secure our homes unless a warrant is issued based on sworn testimony that we're committing a crime representing the majority opinion just in steven david who was appointed by . the corps by republican governor mitch daniels wrote we believe a right to resist and awful police entry into a home is against public policy and is incompatible with a modern fourth amendment jurisprudence in the dissenting opinion just as bob rocker pointed by democratic governor frank o'bannon in ninety nine wrote the physical entry of the home is the chief evil against which the wording of the fourth amendment is directed it is breathtaking that the majority deems it appropriate or even necessary to erode this constitutional protection so why are all of a sudden judges acting up our rights to privacy in our own oh let's go around here here to discuss this issue is cliff schecter recipe our strategist and author of
11:03 pm
the book the real mccain conservatives don't trust him and why independents shouldn't cliff welcome back to the program thanks so much time how are you i am great i hope you're well the fourth amendment of the united states constitution is one sentence it says the right of the people to be secure in their persons houses papers and effects against unreasonable searches and seizures shall not be violated and no warrant schill issue but upon probable cause supported by oath or affirmation and particularly describing the place to be searched and the persons or things to be seized in other words you can't enter someone's house without a warrant and you can't get a warrantless somebody swears you're committing a crime what am i missing here. currently a whole lot that's going on in indiana look i'm sitting here in columbus ohio and i think once we're in indiana what's going ohio you you know of course what's going on in michigan where they've deemed it the governor inappropriate for literally a town to fold
11:04 pm
a receivership and they can kick the elected officials that are out when they decide that it's time to kick the elected officials out i mean i think across the midwest which is obviously a swing region one that that often can go either way in an election in n.z. called pretty moderate overall we had these extremely right wing legislatures elected in two thousand and ten right wing supreme court justices in this case in this state especially governors and it's almost like they've gone through their wish list i mean here in ohio they you know they've been they can't acquit guns in bars and to assault a woman's right to choose they actually literally set up this as a horse and pony show where they had directly had a fetus come in and testify so you know we're going right now i mean this is this is the kind of step going on obviously every knows it's going on in wisconsin with what they're going to use the same thing here in ohio so this is part of a greater all is this indiana supreme court decision just another example of the right wing sheepish will activism in the middle. it actually is i mean it's
11:05 pm
hysterical you know it's classic right wing that they are always yelling at hughes the other side of what it is they're really doing you never want to know what the right really thinks about what they're really doing this is what they accuse you of doing impeachment when you get rich went after bill clinton for having an affair we of course all found out what was going on there that's one of about a thousand examples so here you know to see the same thing make use the left you know on one course of judicial activism but these guys on the right you know there's a study i just saw that on the federal supreme court if you've got i think four of the five most conservative justices sitting justice since one thousand thirty seven in the states it's the same thing the judicial activism going on the right he's got most these guys are really political figures dressed up in robes and we're looking and let's let's remember the those that that lock in court the pre nine hundred thirty six thank you very seven core it was the court the struck down child labor laws struck down a minimum wage that was struck down the fifty hour work week has been
11:06 pm
unconstitutional cliff will i'm assuming that this case in indiana is going to go to the united states supreme court and then we'll be in front of these with the wacky five yale beacon for scalia and thomas so we were assured a good outcome then. you know i hope look at what's happened we've all seen this happen nationally in this country with guantanamo but with the warrantless wiretaps and in our civil liberties have been eroded eroded our last ten years almost a constant pace and in those cases they've at least you know and i don't say at least as in i believe it but they've had as you know there's justification of that it's now it has to be to a national security and most of the time i don't believe for a second it does but at least he has it on the state level what they're doing now and he would have the justification now they're broadening it to many more people it's now not longer people just went out for terrorism it's now anyway and i just i think you're just going to see that this is again this is the conservative wish list because we're seeing what they have always dreamt to do. wing going on the
11:07 pm
stage with right wing governors right wing legislatures right wing judges right wing attorney generals there and they're going to overreach or at least they're going to their pay for it so i hope you're right cliff i mean it this is really you know first they came for the unions and now they're coming to your home in a moment here cliff thanks so much for being with us tonight thanks as always tom and his dissent in this case just as bob rocker quoted william pitt british prime minister during the eighteenth century who famously said this is about british while the poorest man may in his cottage defiance to all the photos of the crown it may be frail its roof may shake the wind may blow through it the storm may enter the rain may enter but the king of england cannot enter all his forest dares not cross the threshold of the ruined a tenement. unfortunately today we're regressing slowly but surely courts around the nation are rolling back our rights in this case our right to privacy in our own
11:08 pm
homes at the same time courts are handing over more and more rights to giant corporations and for misbehaving police officers so how did the courts particularly the supreme court where this case will ultimately be decided get all these powers that's actually a fascinating story and it goes back to eighteen zero three actually in seventeen eighty nine when the constitution was ratified the constitution makes no reference none whatsoever to the supreme court having the power to strike down laws that were passed by congress and signed by the president they did not have that power they did not actually size that power until after the third president of states thomas jefferson was in the third year of his presidency in one thousand and three in a case called marbury vs madison and john marshall who was the head the chief justice of the supreme court and thomas jefferson's second cousin and chief political enemy in the marbury vs madison case took unto himself said we the court
11:09 pm
have decided that we can strike down laws prior to that if the president was constitutionally could veto it if the legislature did then what the president did was they could override it and this is how thomas jefferson president of the united states responded to that case he said if this opinion then indeed is our constitution a complete failure to say legally a suicide it is latin for leases it for intending to establish three departments coordinate and independent that they might check and balance one another. if this decision has given according to this opinion to one of them alone that would be to the supreme court the right to prescribe rules for the government of the others and to that one too which is unelected by an independent of the nation there were another was the supreme court has this power and they're not even like that by anybody. if you're going to give it to one of the three branches of government at least you know one that's close to the people he continued the constitution on this apotheosis is a mere thing
11:10 pm
a wax and the hands of the used to sherry which they may twist and shape in any form they please it should be remembered as an axiom of eternal truth in politics that whatever power in any government is independent as in unanswerable is absolute also in theory only and first of all the spirit of the people is up but in practice as fast as that relaxes independents can be trusted nowhere but with the people in mass they are inherently independent of or a lot of the words jefferson is saying here this is just so wrong that the supreme court would take this power and away from the the institutions elected by the people the presidency and the congress and i would say my construction because i'm jewish is very different from what you quote it is that each department is truly independent of the others and has an equal right to decide for itself what is the meaning of the constitution in the case is submitted to its action and especially where it is to act ultimately and with the appeal which is what the supreme court does it acts ultimately without appeal and frankly if we roll back
11:11 pm
a supreme court decision which will start with the eighteen zero three marbury decision and take from the court this incredible power on the other hand given that the earth is holding this power it's really important starting in two thousand and twelve as the court starts to change we have a democrat reuters. is saying for a daily pull your chance to tell us what you think here's today's question will banks their only go to jail nowadays if he tries to rape a hotel maid your choices are yes now he has to be done to hold the banks was accountable or no we'll start throwing bankers in jail for fraud like reagan did with the s. and ls so far every one of us' voted yes tragically log on to target not convalesce know what you think the polls. up until tomorrow morning.
11:12 pm
crazy alert crazy alert watermelon mine fields acres of watermelon fields in eastern china have a ruptured spewing watermelon and that asses barda wide in the hopes of making extra money for their watermelons farmers spray their crops and growth chemicals unfortunately most of applied too much causing the melons to grow and grow and grow until it finally exploded over one hundred fifty eight years or watermelons of solid detonated one farmer told a local television station couldn't sleep terrorized by dreams of exploding watermelons and for those of you think who think we don't have to use this chemical we don't use this chemical it causes for it to explode in america think again the growth chemical known as for poorer than your own is also legal in the us so the next time you bring home a watermelon anywhere of spontaneous combustion. coming out it's anything but a vacation for the unemployed people south carolina why their fight to make ends meet is about to get even though our.
11:13 pm
11:14 pm
republicans in south carolina they light late as gang to screw over the unemployed following in the footsteps of florida michigan and missouri south carolina is on the verge of cutting unemployment benefits from twenty six weeks to just twenty weeks clearly south carolina has an unemployment rate and bordering on spend percent which turns this from an act of politics into an act of talent but this really is nothing new when it comes to republican state lawmakers in ohio governor john casey has been targeting public employee unions chopping up education funds and shortchanging single moms by cutting child health programs all the name of deficit reduction just signed a thirteen million dollars contract with a casino group to figure out how to maximize gaming revenues in the state that's right he's shut the door of working families that swung out wide open for the gamma gambling lobby and in indiana besides torching the fourth amendment governor mitch daniels is taking poor women out at the knees by borrowing state medicaid funds and
11:15 pm
going to planned parenthood meanwhile all across the nation is the working class suffers gangsters are enjoying their bailouts and bonuses with a historically low tax rate oil barons are swimming in their billion dollar tax subsidies and health insurance companies are just as profitable as ever screwing over six people people but that's how right wingers balanced budgets nowadays target the most vulnerable people who are also least likely to make campaign contributions so how do we put an end to this and force lawmakers to stand up for the working. and there are good you are here to offer their takes on this issue was a blow to your campaign manager of the half in ten campaign the center for american progress and dr lawrence michel congressman president of the economic policy institute welcome to you both thanks for having her ok i get it ok. well this is since when did going after the most vulnerable in american society become the
11:16 pm
american way the sad thing is it's not just going after the most vulnerable it's going after the working class it's going after the middle class the budget that the republicans have proposed is essentially offering additional tax breaks for millionaires while cutting things like low income home energy assistance child care subsidies and health insurance it's a document show or larry i think this you know frankly started with reagan you know american politics of always been about can somebody around and reagan started this whole thing with his oh that welfare queen story of you know the new york times spent six months trying to fact check it so that you know it shows that one woman who shows up at her cadillac you know but you know the implication was class and race obviously they never found the person but this is been going on for a while as i first have to comment on south carolina you know that is. i stayed with one of the highest unemployment rates one of the other states with the highest unemployment rates as michigan in fact has done pretty much the same thing and how
11:17 pm
silly is it to deny people unemployment benefits because it has two effects one it obviously helps those who are unemployed and on employed a long time but also we keep spending in the economy and creates jobs for everybody else and congressional budget office has rated out a plan that benefits the single biggest job creator when you're in a recession so we don't know this that was that was my second question well i just i just is our are we doing this backwards but also and the whole reason we have unemployment is because of the worship of laissez faire economics right so you really have people who believe that market fundamentalism be regulating the financial sector creating a kind of actual crisis and the unemployment since the one nine hundred thirty s. then benefiting from it politically at the state level the federal level and then you actually go ratcheting up there any ology even more and yes it has happened but actually i think it goes back to jimmy carter where he gave in and cut capital
11:18 pm
gains taxes started industry deregulation. would you know when maggie thatcher go like yeah well as the saying that and it's been going on a long time and so we actually have an economy right now where the rich do very well and corporations doing very well even though we have nine percent unemployment corporate profits are twenty one percent higher than they were before the recession and c e o's or if we covered their all of their wages and meanwhile employee compensation in their private sector still six percent down in terms of. it almost seems cyclical your goal is to cut poverty in half in four years ten years ten years to me sometimes yeah. here's where i get the four years from lyndon johnson cup party in half you know states in about four years. actually i think it was about six but this one was really got about half the great society i mean. which has been you know was on ravel by
11:19 pm
a series of presidents including bill clinton who ended welfare as we know it. what do we do where we start how do we do this so how sometime is based on a report which lays out a pathway to cry poverty after ten years and one of the things it shows is that we actually know how to do this this isn't rocket science we modeled it if you raise the minimum wage to its historic level of half the average wage if you make the tax code work for working families by hand thing the earned income tax credit child tax credit if you make child care fully available as a work support for those who need it you are to cut poverty by twenty six percent over the next ten years and so this is something that we know how to do and what happens then is about is building a political and public will to do it and that's why this budget fight is so important for us yeah it definitely is newt gingrich said the president obama's the most successful food stamp president in history. you know setting aside the fairly obvious racial and class implications of.
11:20 pm
is that kind of bizarre that they're going after food stamps and and like you mentioned in the mid ninety's we really have that welfare as we know it if you're going to lose income because you lose your job there's only a few things available to you not everybody can get qualifies for unemployment benefits the many low income workers don't but the only really universally available support is food stamps so the reason we have a lot of people who stamps is because we have a lot of people in eight twenty six summer and that is because of the recession that newt gingrich is philosophy actually caused and in fact food stamps c.p.o. said unemployment benefits is a great one for creating jobs get spending out there running water right along with it is food stamps so if he doesn't like people be on food stamps. he you know should say you know you should be on food stamps you have to tough it out of america you're on you're out of a job you know just start you back into except doing everything that is out there
11:21 pm
there's not even job openings you know there for everyone if you look worker every job opening there is roughly five out of what workers so were they supposed to do we have about twenty seconds what you want to make i know space is going to say that you know it's not medicaid if you'd stamps that. a few programs that we have left that are countercyclical that when the economy turns sour people are able to get the help they need at the same time help stabilize the economy by injecting demand those the programs that are under threat right now and so it's not only about low income people it's about all of us because these are the programs that help the economy and it's and it's probably not these guys are evil or that they're trying to crash the economy for obama it's because they've bought into this religion it's bizarre religion well i think they're morally indifferent to the well being of those people who have less and i think it's a confrontation to their own religious beliefs and if they don't really examine thank you very much very day which you can i think of you appreciate it.
11:22 pm
unfortunately until the unemployed get lobbyists or rise up in mass like a bonus army did that occupy the white house lawn in one hundred thirty two but keep getting hit by republicans on the other hand nobody has a more powerful lobby than the banks toure's and shows there's even more evidence now that american banks troops should be in jail department of housing and urban development just wrapped up an investigation into the nation's five largest mortgage companies thank you america j.p. morgan chase wells fargo citigroup and ally for the agency found is that these banks routinely lie about how much foreclosed homes were worth when they were getting reimbursed for those loans by the government a practice the generator huge profits for the banks by swindling taxpayers and this is. just the latest report to uncover crimes by bankers it was discovered earlier this year that banks made as much as thirty billion dollars with illegal foreclosure practices you know kicking people out of their homes who don't deserve
11:23 pm
to be all of these reports in and over there part of the justice so far however nothing has been done to hold the bankers accountable and other banks tears in their lobbyists are trying to blow up new wall street reform laws and consumer protections created in the aftermath of the bush two thousand and eight financial meltdown. we're going away with this for more i'm joined by kathleen koch's person for the center for responsible lending kathleen welcome thank you for having me great to have you here with us in fairness some of it began on clinton's watch so. i will be the very first to say i think that what eisenhower was a more progressive president he is the one who said beware the military industrial complex and nine hundred fifty two his campaign slogan was what for an hour for peace and the korean war but anyway that's a whole other topic another report just a few weeks ago came out showing that these gangsters were training for love and
11:24 pm
senator levin's. reports. are the banks toure's of this is largely about goldman sachs or the banks or is the new untouchables are they are they so out so economically powerful that they become politically powerful everybody is not completely don't forget they are the they don't need more money than any other industry in consider this and the run up to this meltdown this economic catastrophe the financial services industry lobby was there political donations eclipse these five industries combined transportation agribusiness health care defense they say defense transportation and energy combined so it is it is just a base to carry a big it's financial services and so you what you realize is that people are listening to that because it's the money i don't understand why the rest of corporate america isn't if you're eous about because they are taking away a lot of money that could be go into the savings retirement other productive goods and services so there's just they have really hurt the economy and the reason
11:25 pm
they're still being listened to is because of the money that they give up well in part here's a hypothesis for it in part the rest of corporate america said you know two trillion dollars in unused cash so they don't need so much the banks and in part a lot of the rest of corporate america is becoming the banks g.e. has started its own bank back they got a bailout there's a lot of that. making history is complicated and actually goes back to the united states the controversy over it but what's happening now that's really so they're not but they're not they're not they did get a good financial package in through congress and despite their money despite the lobbying despite the protests but what's happening now is they're trying to unravel it and the house subcommittee just voted to to do that now obviously it's not going to go anywhere because in this congress but maybe they wouldn't have been quite so free with their votes if they'd known that it could go somewhere but number less it was basically a vote for the policies that got us into this crisis which really it's it's crazy
11:26 pm
people don't if they forget if you have after you see insurance if you have federal deposit insurance that has me joe taxpayer or joseph joe taxpayer on the line and the regulatory agencies are spotted at pearce's a key market mechanism it means depositors' are indifferent about what the health of the bank is whether it's corrupt or whether it's doing bad things they don't care they're going to get their money back up to a certain point to compensate for that there's a regulatory system that's supposed to be there as a proxy for you and me taxpayers to sit there and make sure banks are gambling with our money and the regulators for their job and they became cheerleaders rather than regulators so what's amazing to me is people say oh you know we've got to deregulate deregulate find you'd have to really to really get rid of the bailouts you also have to get rid of too big to fail and depository insurance that's not going to happen so let's have some common sense rules i don't even think it was deregulation that got us here it was failure to enforce the rules on the books and that's because lawmakers and regulators washed their heads they drank the kool-aid
11:27 pm
. so now the attempts to roll back the good good legislation that's there you know the route the republicans in the house are trying to rollback with the fact of the matter is in order for for the new financial protection agency to operate. it has to get funding and it has to get this is this is how it always happens to have the power to just cut off that means you know because we have to go through both chambers and i don't think that would happen if. the funding is what about if you came along with the original just like you know they have to that has to be get has to be figured out and has they could does it disable it but right now whatever any time a group in the united states in the financial services industry doesn't want to be regulated they hand he kept they try to handicap the regulator and they do it two ways they make the process of getting it enabled very cumbersome so in this case they're trying to say let's not have one person let's get five let's have a commission we can get one and think let's get five and so the industry is
11:28 pm
thinking we'll have a greater chance of being able to influence over this the other thing they do is let's make the funding for the supposedly independent overseer let's make it part of the annual appropriations so that it becomes a political football and we can attach all kinds of riders to it that this is what happened with freddie macand fannie mae they didn't like the regulator so they handicap it this is classic financial services has been going on for decades are they going to well i don't think so because i think a lot of people like to believe that people are in the end more rational then they sometimes are saying and i think a lot of people are speaking very forcefully against religious leaders rational and as much as they want to be a million votes for the next real arch well but i think they may be saying some things that if they knew that their vote was actually that there stood a chance for this to actually go through i wonder if they would be quite simple for example let's let's privatized freddie and fannie freddie and fannie were problem they need to be changed but i think that people are just saying blanket let's
11:29 pm
privatise that they know right now that would roll the markets if they thought it was a possibility it would really happen they would temper what they're saying well you know i hope you're right i think they're pretty busy and everyone knows what happened there was you know this was the parents given the keys to the kids and saying if you're the keg of beer drive drunk. comment this isn't red tape this isn't very well said here. thanks so much for dropping by i think it's great talking it seems like the only way bankers go to jail nowadays is if they also try to rape a hotel maid when will we once again start throwing bankers in jail for fraud and fraud alone like reagan did with over a thousand of us and all bankers. coming up asthma inhalers decked out in fake diamonds puzzle beans to show how healthy coal is crazy as this sounds these innovative ideas are bringing awareness of the effects coal companies have on children so.
30 Views
Uploaded by TV Archive on